JD Sports has avoided a potential shareholder revolt over executive pay after its shareholders overwhelmingly backed its new proposals.
A general meeting was staged earlier today after the Greater Manchester-headquartered retail giant was criticised by investors in July after it was revealed former boss Peter Cowgill had been paid almost £6m in bonuses since February 2021.
The awards were made despite the listed group receiving more than £100m in government support during the Covid-19 pandemic.
