JD Sports Fashion PLC has announced that Mahbobeh Sabetnia, a non-executive director and member of the Remuneration Committee, will not stand for re-election at the Annual General Meeting on 27 June 2024 and will step down from the Board at the conclusion of the meeting. Sabetnia has served on the Board for nearly two and a half years and as a member of the Remuneration Committee since 29 November 2021. Andy Higginson, Chair, expressed gratitude for Sabetnia's valuable contribution and announced that the Board will commence a process to identify and appoint an additional independent non-executive director shortly.
The company will provide an update on the appointment in due course. This notification is made in accordance with LR 9.6.11. Enquiries can be directed to JD Sports Fashion Plc. The company's advisors include Bank of America, Peel Hunt LLP, and FGS Global. JD Sports Fashion Plc is a leading retailer of sports, fashion, and outdoor brands, with a significant presence in the UK and internationally.
This announcement provides insight into the upcoming changes in the Board of Directors at JD Sports Fashion PLC. The decision of Mahbobeh Sabetnia not to stand for re-election and step down from the Board at the conclusion of the Annual General Meeting on 27 June 2024 is highlighted. The company's plans to identify and appoint an additional independent non-executive director are also outlined. The notification includes contact information for enquiries and details about the company's advisors.