News of big behind-the-scenes boardroom activity at Frasers Group with the appointment of a new chairman from Monday (1 September), a new key board appointment and the departure of three non-execs ahead of its upcoming AGM. And for good measure, there are remuneration issues for its chief executive.

First, its long-standing chairman David Daly will be stepping down at the company's AGM on 24 September after eight years in the role. He is succeeded immediately by board member Sir Jon Thompson who takes up the post on Monday (1 September).

Sir Jon’s appointment “marks an important step in supporting Frasers Group's long-term strategy as it continues to strengthen its position as a global business”, the group said in its stock market announcement.

Thompson joined the board in June 2024 as

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