ASOS Regulatory News (ASC)

17 April 2024

ASOS plc("ASOS" or the "Company")

Appointment of CFO and

Appointment of Independent Non-Executive Director

ASOS is pleased to announce the appointments of Dave Murray as Chief Financial Officer ("CFO") and Executive Director and Christine Cross as an Independent Non-Executive Director of the Company.

Dave joins ASOS as CFO and Executive Director with effect from 29 April 2024. Sean Glithero, who is the current Interim CFO will leave the Company following a handover period to ensure a smooth transition. Dave has more than two decades' experience across a range of finance roles in the retail and ecommerce industry. He spent a large proportion of his career at Sainsburys and Amazon in the UK, before holding senior finance roles at Farfetch and most recently was CFO of MatchesFashion.

Christine Cross has been appointed as an Independent Non-Executive Director with effect from 16 April 2024. She will Chair the Remuneration Committee and will also serve as a member of the Audit Committee. Christine has more than 35 years' experience in global multi-channel retail, initially at Tesco where she spearheaded own-brand development and reinvigorated the clothing brand as Trading Director. Since pursuing a plural Non-Executive career, Christine has served on the Boards of numerous listed, private and PE-backed businesses including Next plc (UK), Woolworths plc (Australia), Sonae plc (Portugal), Zooplus AG (Germany) and Clipper Logistics plc (UK). Most recently, she has served on the Boards and was Remuneration Committee Chair of Hilton Food Group plc (UK) and Coca Cola Europacific Partners plc as well as acting as Board Advisor to Unilever and River Island. Christine is currently a Senior Advisor at Inverleith LLP, an Advisor at Interpath Advisory and is an Independent Non-Executive Director at the Pollen Estate Trustee Company Limited.

José Antonio Ramos Calamonte, ASOS CEO, said: 

"I am delighted to be welcoming Dave to the management team. His wide-ranging experience in the retail sector, notably in senior finance positions in several major retail, fashion and e-commerce businesses, will make him a valuable partner in the next phase of ASOS' journey to becoming a faster, more agile and more profitable business."

"I would also like to express my sincerest appreciation to Sean, who has played a pivotal role in driving change across ASOS to make it significantly stronger and more resilient than it was a year ago. Sean will remain with the business until a full handover is complete and we wish him the very best for the future."

Jørgen Lindemann, ASOS Chair, said:

"I'd like to welcome both Dave and Christine to ASOS on behalf of the Board. Christine's experience across her career as a retail executive and as a Board member and advisor, including as Remuneration Committee Chair for several PLCs, will be invaluable to ASOS and we look forward to working with her."

For further information:

Notes

The following information is disclosed in accordance with Listing Rule 9.6.13 in connection with the appointment of Dave Murray to the Board of ASOS as an Executive Director:Dave Murray was a Director of MatchesFashion Limited and MF Bidco Limited at the time they entered into administration on 8 March 2024.

There are no additional matters that would require disclosure under LR 9.6.13 R (1) to (6) in respect of Dave Murray and Christine Cross.

About ASOS

ASOS is a destination for fashion-loving 20-somethings around the world, with a purpose to give its customers the confidence to be whoever they want to be. Through its app and mobile/desktop web experience, available in nine languages and in over 200 markets, ASOS customers can shop a curated edit of nearly 50,000 products, sourced from nearly 900 global and local third-party brands alongside a mix of fashion-led own brand labels - including ASOS Design, ASOS Edition, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, and Miss Selfridge. ASOS aims to give all its customers a truly frictionless experience, with an ever-greater number of different payment methods and hundreds of local deliveries and return options, including Next-Day Delivery and Same-Day Delivery, dispatched from state-of-the-art fulfilment centres in the UK, US, and Germany.