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Sports Direct CFO to follow CEO out the door

Reuters - UK Focus

LONDON, Oct (Shenzhen: 000069.SZ - news) 13 (Reuters) - Sports Direct said its chief financial officer had quit to take up a new job, the second management change in less than a month at the British retailer which is trying to mend its battered image.

Sports Direct said CFO Matt Pearson would remain in an acting capacity until Dec (Shanghai: 600875.SS - news) . 31, and it had appointed Herbert Monteith as its interim head of finance.

Pearson (Xetra: 858266 - news) 's resignation follows chief executive Dave Forsey's in September, when the company named its billionaire founder and controlling shareholder Mike Ashley as the new CEO.

The retailer is fighting on a number of fronts. It cut its profit forecast for the second time in a month on Friday, blaming the latest slump in the pound, a new blow as it tries to improve its working practices after being criticised by politicians. (Reporting by Sarah Young; editing by Kate Holton)