JD Sports raises profit outlook before clash over executive pay
Peter Cowgill expected to come under investor pressure for accepting bonus while taking £100m in Covid support
JD Sports has raised its profit outlook after the reopening of its stores in the UK before a showdown with investors over the executive’s pay.
The boss of the sportswear retailer, Peter Cowgill, was handed almost £6m in bonuses since February last year, despite the company accepting more than £100m in government support while stores were closed due to the coronavirus pandemic.
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