REG - ASOS PLC - Executive Director Change

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RNS Number : 0714N  ASOS PLC  17 June 2025

17 June 2025

ASOS Plc

("ASOS" or the "Company")

Executive Director Change

 

ASOS is pleased to announce the strategic leadership transition with the
appointment of Aaron Izzard as Chief Financial Officer ("CFO") and Executive
Director with effect from 1 July 2025, succeeding Dave Murray who will be
stepping down as CFO and Executive Director of the Company to pursue other
opportunities. Dave will remain with the Company for a handover period to
ensure a smooth transition.

 

The transition reflects ASOS' evolution as it moves from a successful
financial turnaround into a phase of sustained operational execution and
long-term strategic growth.

 

Aaron brings more than two decades' experience across a range of senior
finance roles in the retail and ecommerce industry. In his tenure at ASOS,
most recently as Director of Group Finance, Aaron has been instrumental in
driving a comprehensive cost-efficiency programme, demonstrating a relentless
focus on operational improvements and improving customer experiences. His
leadership has supported the successful refinancing of the business and
reshaped the Group's approach to resource allocation, aligning financial
investments more closely with strategic priorities.

 

José Antonio Ramos Calamonte, ASOS CEO, said:

"Now is the time to further strengthen our focus on delivering sustainable,
profitable growth and better customer experiences. Aaron has a strong track
record of delivering operational efficiency and strategic thinking which will
be key to continuing our successful transformation. I am confident that his
experience and skills will be a great asset as CFO in the next phase of our
journey."

 

"Dave has played an important role in helping lay the foundations for the next
phase of our journey, having successfully overseen our refinancing and stock
reduction. We are a significantly stronger and more resilient business than
when he joined and I would like to express my sincerest appreciation on behalf
of all ASOSers."

 

Jørgen Lindemann, ASOS Chair, said:

"I am pleased to welcome Aaron to the Board as Chief Financial Officer. We
have been impressed with his ability to drive change at speed and are excited
to see him continue the great work he has been doing, with his deep knowledge
of ASOS' operations. This transition underscores ASOS' commitment to long-term
strategic execution and value creation."

 

"On behalf of the Board, I would like to thank Dave for his hard work and
contribution to ASOS and we wish him the very best for the future."

 

Notes:

Dave Murray will step down as CFO and Executive Director on 30 June 2025.

There are no other details that are required to be disclosed under 6.4.8R of
the UK Listing Rules with respect to the appointment of Aaron Izzard.

 

 

For further information:

 ASOS
 plc
 Emily MacLeod, Head of Strategy & Investor Relations                                                                                                      Tel: 020 7756 1000

 Teneo
 Jonathan Sibun / Will Palfreyman                                                                                                                          Tel: 020 7353 4200

 

About ASOS

Founded in 2000, ASOS has 18m active customers in over 200 markets. We bring
fashion lovers around the world the best and most relevant fashion through our
unique own brands including ASOS DESIGN, ASOS EDITION, COLLUSION, Topshop, and
Topman, styled with the most exciting products from local and global partner
brands. With our expert in-house design team and agile and flexible commercial
model, including ASOS Fulfilment Services, Partner Fulfils, and Test &
React, we make the latest trends accessible to all and give customers the
confidence to be whoever they want to be.

 

 

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