Sports Direct acting finance boss Matt Pearson resigns

After losing its chief executive, Sports Direct said its acting finance boss was now packing his bags. Picture: Contributed
After losing its chief executive, Sports Direct said its acting finance boss was now packing his bags. Picture: Contributed
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Embattled retailer Sports Direct today revealed that its acting chief financial officer is quitting, just weeks after its chief executive resigned.

The group – which saw founder and Newcastle United owner Mike Ashley step in to replace Dave Forsey as chief executive last month – said Matt Pearson was leaving at the end of the year to take a role with another firm.

Sports Direct said Herbert Monteith, an “experienced and long-standing” member of its finance team, has been appointed as interim head of finance, which is not a board position.

READ MORE: Sports Direct asks Keith Hellawell to stay as chair

The moves comes after the retailer warned last week over a profits hit from the tumbling pound, which sparked concerns that Pearson was still employed on an acting basis and that the group had not moved to appoint a permanent finance chief.

Sports Direct has been embroiled in controversy in recent months, with Ashley hauled before MPs to be grilled over working conditions, the company hosting a tumultuous “open day” at its headquarters and Forsey quitting as its chief executive.

Ashley said today: “Matt has been a valued member of the Sports Direct family for over nine years and he will be a loss to the company. I wish him all the best for the future and would like to thank him for his time at Sports Direct.”

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