Neil Greenhalgh, chief financial officer of U.K.-based JD Sports Fashion Plc has informed the company board of his intention to step down from his role as CFO next year. According to a company release, a nominations committee led by Andy Higginson will commence a process to recruit a successor. Greenhalgh will assist in this process to help ensure an orderly succession and work with the board and KPMG LLP in the audit and subsequent publication in spring 2023 of JD’s financial statements for the 52-week period ending Jan. 28, 2023.
Greenhalgh has been with JD Sports since 2004 and took over the CFO position in 2018 from Brian Small, who retired at the time. JD Sports published its business figures for the first half of 2022 in September, reporting an 11.4 percent decline in profit. Revenues increased by 13.7 percent to £4,418.1 million (€5.1bn) from £3,885.8 million, as total sales growth in organic retail businesses rose 5 percent in H1.
