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 use cookies to personalise your experience; learn more in our Privacy and Cookie Policy. You can opt out of some cookies by adjusting your browser settings; see the cookie policy for details. By using this site, you agree to our use of cookies.

Cowgill set for £6m JD Sports bonus

Peter Cowgill, the executive chairman of JD Sports, is set to receive a one-off bonus of £6m in recognition of his “exceptional performance” at the helm of the sportswear giant.

The JD Sports remuneration committee has recommended the payment as Cowgill has not received any long-term awards under the incentive plans it has had in place for the past two years, the Financial Times reported.

It also noted that Cowgill has been executive chairman since 2004, and has not received pensions contributions since 2013.

The committee said: “The payment is, therefore, being recommended in part to compensate the executive chairman for this and in part to recognise the exceptional performance.”

Cowgill would not receive any additional bonuses.

Shareholders will vote on the proposed bonus at the retailer’s annual general meeting on 3 July.


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.