×
1 221
Fashion Jobs
ESTÉE LAUDER
Clinique - Consultant - Boots Donegall, Belfast - 15 Hours - Permanent
Permanent · Belfast
ESTÉE LAUDER
Clinique - Consultant - Boots Sedley Place, London - 10 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis Stratford, London - 10 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots Durham - 6 Hours - Permanent
Permanent · Durham
ESTÉE LAUDER
Clinique - Consultant - Boots Londonderry - 11 Hours - Permanent
Permanent · Londonderry
ESTÉE LAUDER
Clinique - Consultant - Boots Kensington, London - 22.5 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots Donegall, Belfast - 10 Hours - Permanent
Permanent · Belfast
LAIDBACK LONDON
Digital Marketing Manager
Permanent · HARROW
MARSHALLS
70118-lp Detective
Permanent · Banning
ESTÉE LAUDER
Clinique - Consultant - Boots, Watford - 22.5 Hours - Part Time, Permanent
Permanent · Watford
ESTÉE LAUDER
Tom Ford Beauty - Digital Marketing Executive
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis Edinburgh - 6 Hours - Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Clinique - Consultant - Boots st Albans- 22.5 Hours - Permanent
Permanent · St Albans
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Oxford Street London - 15 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Tom Ford - Business Manager - Fenwick - Bracknell - 37.5 Hours - Full-Time, Permanent
Permanent · Bracknell
ESTÉE LAUDER
Clinique - Consultant - John Lewis, High Wycombe - 16 Hours - Part Time, Permanent
Permanent · High Wycombe
ESTÉE LAUDER
Clinique - Consultant - Moores, Coleraine - 12 Hours - Part Time, Permanent
Permanent · Coleraine
ESTÉE LAUDER
Clinique - Consultant - Boots, Barnstaple - 7.5 Hours - Part-Time, Permanent
Permanent · Barnstaple
ESTÉE LAUDER
Clinique - Consultant - Boots, Sedley Place - 37.5 Hours - Full Time, Permanent
Permanent · London
NIKE
HR Operations Consultant, London
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots - Cribbs Causeway, Bristol - 7.5 Hours - Part-Time - Permanent
Permanent · Bristol
ESTÉE LAUDER
Clinique - Consultant - Boots Kingston - 15 Hours - Permanent
Permanent · Kingston upon Thames
Advertisements
Published
Jul 2, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

JD Sports and The Hut Group feel impact of corporate governance concerns

Published
Jul 2, 2021

Being a listed business has its advantages, but it also carries with it closer scrutiny and a need to respond to the interests of shareholders. Both long-time listed company JD Sports Fashion and newcomer The Hut Group have felt this keenly in recent days.




JD has just endured a shareholder revolt over executive pay that saw Andrew Leslie, chair of the remuneration committee at the firm being forced to step down after 11 years on the board. 

Shareholders had been unhappy about large bonuses paid to company boss Peter Cowgill, despite the company having accepted £100 million+ government subsidies to help it through the pandemic period.

The revolt came after the company had earlier caved in to pressure and suggested it would split Cowgill’s executive chairman CEO roles with a new CEO to be recruited. It also seemed to be rethinking its earlier refusal to hand back any of the government cash, saying it had yet to decided what to do.

Meanwhile, on Friday, The Hut Group also looked to be responding to criticism over its corporate governance.

The beauty and e-tail giant only listed its shares this year but has been the subject of negative press over founder Matthew Moulding’s combined executive chairman and CEO role. It has also been suggested that the company set-up gives non-executive directors and shareholders little influence over what happens at the business.

While THG hasn’t gone as far as to separate the two top roles, it has formed a new standalone Risk Committee. This should “ensure the skillsets and experience of the company’s non-executive directors are best utilised across its various board committees,” it said.

The new committee will monitor risks to the business and advise the board on the group’s overall risk appetite, tolerance and strategy. It will comprise independent non-execs Zillah Byng-Thorne, Damian Sanders and Dominic Murphy.

The company has also made changes to its Remuneration Committee and has named four independent special advisors. They’ll support it in areas such as tax, risk and governance.

Moulding said the moves “highlight the board’s recognition of the importance of strong corporate governance and reinforce its continued commitment to ensuring that a robust corporate governance framework is in place which underpins the long-term prospects of the group”.

Copyright © 2021 FashionNetwork.com All rights reserved.