16 Jul 2013 09:51
ASOS plc
Directorate
The Board of ASOS announces that Kate Bostock, Executive Director Product and Trading, has resigned from the company and stepped down from the Board with immediate effect. Kate joined the company in January 2013. Her role will be fulfilled by the existing, highly successful retailing team. The Board will consider whether there is a need to seek a replacement for Kate.
The Board wishes to thank Kate for her contribution whilst with the company and wishes her good fortune in whatever she decides to do next.
Nick Robertson said:
"Kate and I have agreed that ASOS is not the right platform for her talent. Of course we are disappointed that things haven't worked out and Kate leaves with our very best wishes. In the meantime, we have a very strong team in place and the business continues to fire on all cylinders."
Kate Bostock said:
"ASOS is a formidable business and I have great respect for the team I have been working with: they are right at the cutting edge of young online fashion. Sadly, I've concluded that ASOS isn't the right place for me. I will not regret the experience and I wish Nick and all at ASOS continued success."
16 July 2013
Enquiries
ASOS plc | |
Nick Robertson, Chief Executive Officer | Tel: 020 7756 1000 |
Greg Feehely, Head of Investor Relations
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College Hill |
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Matthew Smallwood/Justine Warren/Jamie Ramsay
| Tel: 020 7457 2020 |
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J.P. Morgan Cazenove |
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Luke Bordewich / Gina Gibson
| Tel: 020 7742 4000 |
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Numis Securities |
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Alex Ham | Tel: 020 7260 1000 |
ASOS (ASC)