REG - ASOS PLC - Appointments of CFO and Non-Executive Director

ASOSAnnouncement

17/04/2024 07:16

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RNS Number : 8788K  ASOS PLC  17 April 2024

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:

 ASOS                                                                                                                                                      Tel: 020 7756 1000
 plc
 Holly Cassell, Head of Investor Relations

 Website: www.asosplc.com/investors

 Teneo                                                                                                                                                     Tel: 020 7353 4200
 Jonathan Sibun / Will Palfreyman

 

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.

 

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