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Asos chief operating officer and chief financial officer to step down

Online fashion retailer Asos has announced that Mat Dunn, its chief operating officer and chief financial officer, is to step from his roles as the company restructures… View Article

FASHION

Asos chief operating officer and chief financial officer to step down

Online fashion retailer Asos has announced that Mat Dunn, its chief operating officer and chief financial officer, is to step from his roles as the company restructures its executive team.

He will continue in his positions and as a member of the Asos board until at least 31 October 2022 and will remain employed by the business until the end of the year to provide transitional support.

Dunn joined the board of Asos in April 2019 as chief financial officer then took on the additional position of chief operating officer in October 2021 when it was announced that chief executive Nick Beighton was stepping down. Dunn then led the day-to-day running of the business on an interim basis until it promoted José Calamonte as Beighton’s successor and appointed Jørgen Lindemann as chair this summer.

Asos said it is currently working to hire a new chief financial officer and that a further announcement will be made in due course.

Jørgen Lindemann, Asos chairman, said: “I would like to thank Mat for the enormous contribution he has made to Asos over the past three years, and in particular during his time as interim CEO. Mat has worked tirelessly to ensure that Asos has been able to make continued strategic progress, despite the prevailing market conditions which have existed since the global pandemic. We wish him well in the next chapter of his career.”

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