JD Sports CEO Denies Rumors Amid Chair Departure Shake-Up
JD Sports CEO Regis Schultz has refuted claims that Chairman Andrew Higginson aimed to remove him from his position. Schultz clarified that Higginson’s departure was a mutual decision, expressing gratitude for his support. Higginson, who announced his resignation, has declined to comment on the allegations.
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Regis Schultz, the chief executive officer of JD Sports, dismissed speculation that the company's chairman, Andrew Higginson, tried to remove him from his post.
Schultz addressed the rumors after JD Sports announced its full-year results, stating that Higginson's decision to step down was mutual and amicable. Schultz emphasized the positive nature of their working relationship, stressing that his recent performance review was favorable.
While Schultz expressed appreciation for Higginson's contributions, the outgoing chairman has not commented on the matter.
(With inputs from agencies.)
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