Retail heavyweight Sir David Jones has been promoted to executive chairman of troubled JJB Sports and former Selfridges chief executive Peter Williams has joined the sportswear retailer as executive director responsible for strategic development.
David Jones, the former chairman and chief executive of Next, was knighted in the New Year’s honours list. He was already deputy chairman of JJB Sports and is also non-executive chairman of Shop Direct Group, which owns Littlewoods.
Roger Lane-Smith, who was chairman of JJB Sports, will become non-executive deputy chairman of the sports retailer.
Chris Ronnie will remain chief executive of JJB Sports.
The board reshuffle follows months of extreme difficulties at JJB Sports, which has suffered difficult trading and problems with its banks.
Sir David Jones, executive chairman of JJB, said: “We are facing the most difficult retail environment I have ever experienced but I am looking forward to working with both Chris and Peter and the rest of the executive team to re-establish JJB as a major force in the sportswear market.”
Roger Lane-Smith, non-executive deputy chairman of JJB, said:
“At this time our priorities are to focus totally on our retail business and to strengthen our executive team. Sir David’s move to executive chairman and Peter’s appointment have my entire support.”
Chris Ronnie, chief executive of JJB, said: “I have the highest regard for Sir David and look forward to working with Sir David, Peter and the
rest of the team.”