JD Sports appoints Regis Schultz as CEO

British sportswear retailer JD Sports Fashion has confirmed the appointment of former B&Q executive Regis Schultz as chief executive after the controversial departure of Peter Cowgill in June.

Schultz joins from Dubai-based Al-Futtaim Group, which operates a retail business in the Middle East and Asia. He held posts at B&Q, part of FTSE-100 retailer Kingfisher, and also ran the French supermarket chain Monoprix.

Cowgill stepped down after a row over his succession and corporate governance.

Reporting by Frank Prenesti at Sharecast.com