Keith Jones shown red card at JJB Sports

Keith Jones, the Chief Executive Officer (CEO) of ailing sportswear retailer JJB Sports, is to step down from the board with immediate effect, but will hang around until to the end of August to ensure an orderly handover to his successor.

Keith Jones, the Chief Executive Officer (CEO) of ailing sportswear retailer JJB Sports, is to step down from the board with immediate effect, but will hang around until to the end of August to ensure an orderly handover to his successor.

Unfortunately, JJB does not have a successor yet but the company says it is in advanced discussions with someone who will act as an interim CEO.

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