Top SGB Updates
JD Sports Founder And Chairman Steps Down
J.D. Sports Fashion Plc announced that due to an ongoing review of its internal governance and controls, it is accelerating the separation of the roles of chair and CEO. As a result, Peter Cowgill, executive chairman, will step down effective immediately.
SGB Executive
EXEC: Dick’s SG Remains Bullish Despite Outlook Cut
Shares of Dick's Sporting Goods closed up nearly 10 percent on Wednesday despite the retailer slashing its guidance for the year due to broader macroeconomic pressures. Lauren Hobart, CEO, told analysts the revision was pre-cautionary while expressing confidence that Dick’s would continue to benefit from the sports and outdoor hobbies began during the pandemic.
