Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

JJB finance director steps down

JJB Sports finance director David Madeley has stepped down from the role and has left the business.

Madeley, who joined JJB Sports as finance director in December 2007, has agreed with the board to leave the company immediately, to clear the way for a quick replacement.

JJB Sports reported that Madeley announced his intention to resign from the business last month. Strategic development director Peter Williams will take on Madeley’s responsibilities until a replacement joins the company. JJB Sports said it was actively seeking a successor.

Madeley announced his intention to resign as JJB Sports announced the sale of its fitness clubs to Dave Whelan and plans for a company voluntary agreement on renegotiated terms on rent deals with landlords.

Madeley’s exit follows the departure of chief executive Chris Ronnie last month. Ronnie left the business following an investigation into the transfer of his stake in the business to Icelandic bank Kaupthing.

Ronnie is disputing JJB Sports’ claim that he was dismissed for misconduct, insisting that he had already resigned.

 

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.