ASOS appoints new chief financial officer
Online fashion retailer ASOS has appointed former Farfetch and Sainsbury’s executive Dave Murray as its new chief financial officer.
Due to join the business on 29 April, Murray has worked for more than two decades in retail and ecommerce, most recently as chief financial officer of Farfetch.
Before that, he worked with Amazon and Sainsbury’s in a variety of senior roles.
Murray will join ASOS on 29 April when he will succeed Sean Glithero who is currently serving in the role on an interim basis and will leave the company following a handover period.
José Antonio Ramos Calamonte, ASOS chief executive, 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 ecommerce 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.”
ASOS has also announced that Christine Cross has been appointed as an independent non-executive director of the company.
With more than 35 years’ experience in global multichannel retail, she has served served on the boards of numerous listed, private and PE-backed businesses including Next. Earlier in her career, she worked with Tesco where she spearheaded own-brand development and reinvigorated the clothing brand as trading director.
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.”
Today, ASOS announced that it is making strong progress on its speed and profit initiatives under its Back to Fashion strategy, despite an 18% reduction in first half sales.
