Asos has announced that its chief executive Nick Beighton has stepped down after six years in the role and 12 years with the business.
In a statement, the online fashion retailer said Beighton and the board had agreed that now was the right time for him to leave his role.
While a search for Beighton’s successor has already begun, Asos chief financial officer Mat Dunn will take on the additional role of chief operating officer and lead the business on a day-to-day basis on an interim basis, while Katy Mecklenburgh, currently director of group finance, will become interim chief financial
officer.
Meanwhile, Beighton will remain available to the board until the end of 2021 to ensure a smooth handover.
In a further move, Asos has made two changes to is board. Ian Dyson will become non-executive chair of the board to replace Adam Crozier, whose decision to step down has been previously announced. Dyson is currently Asos’s senior independent non-executive director and audit committee chair. He will take up his new position on 29 November.
In addition, Jørgen Lindemann will be joining the board as a non-executive director. Currently chair of Danish fashion marketplace Miinto, he is a former president and chief executive of Modern Times Group, the Swedish-based digital entertainments business, and recently stood down from the board of Zalando following a five-year stint as a non-executive director.
