JD Sports Fashion Plc is reporting that Helen Ashton, a non-executive director of the company’s Board of Directors and chair of the Board’s Audit and Risk Committee, has notified the company of her intention to step down to focus on other commitments.
Ashton joined the company in November 2021 as a non-executive director and assumed the role of interim chair during a time of CEO and chair succession.
In her role as chair of the Audit and Risk Committee, Ashton reportedly introduced and oversaw the delivery of a comprehensive governance reform program, including improvements and investments in finance, risk management, legal systems, and resources.
“Following a successful period of reform and governance improvements at JD, I am pleased to hand over to a new Audit and Risk Committee chair for the next chapter and to focus my attention on my other commitments,” said Ashton. “I wish the team all the best for the future, and my thanks go to all who have supported me during my time at JD.”
Current Board Chair Andy Higginson added, “We are very grateful to Helen for her significant contribution over the last few years. As chair of the Audit and Risk Committee, she has led a root-and-branch review and overhaul of corporate governance and financial controls in the Group. On behalf of the Board, I wish her continued success.”
The Board will “commence a recruitment process for an additional non-executive director.” Ian Dyson will serve as the interim chair of the Audit and Risk Committee.
Image courtesy JD Sports Fashion Plc
