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UK's JD Sports appoints former IKEA boss Peter Agnefjäll as chair
Peter Agnefjäll brings retail leadership and board experience as JD Sports seeks growth despite an uncertain consumer backdrop.
On Friday, JD Sports announced that former Ikea Group President and CEO Peter Agnefjäll will become the new chair of the board, effective September 1, succeeding interim chair Darren Shapland.
The appointment follows the abrupt April departure of Andrew Higginson, who Shapland replaced after reports emerged that Higginson failed in an attempt to oust CEO Régis Schultz.
Bringing two decades of experience at Ikea, Agnefjäll previously chaired Dutch-Belgian supermarket firm Ahold Delhaize and held board roles at Wizz Air, Deichmann, and WPP.
JD Sports cautioned that the Middle East conflict could increase costs and weaken demand, noting a drop in underlying sales during the 2025 Christmas period.
"I am excited to be joining the group and look forward to working with the board and leadership team to leverage JD's strengths," Agnefjäll stated, emphasizing deepened international roots.