ASOS agrees timetable for Mat Dunn exit
ASOS has announced the timetable for its COO and CFO Mat Dunnn — who also stood in as interim leader of the business after Nick Beighton’s departure — to step down from his roles at the firm as it restructures its executive team.
Dunn will “continue in his role and as a member of the board until at least 31 October and will remain employed until the end of the year to provide transitional support”.
Chairman Jørgen Lindemann 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.”
The company also said that a process is under way to appoint a new CFO and a further announcement will be made “in due course”.
Back in June, ASOS announced that its new leader would be José Antonio Ramos Calamonte. He’d been the firm’s chief commercial officer and took up his new chief executive’s post with immediate effect.
In an 18-year career in retail, he led on commercial strategy for high-profile brands including Inditex, Esprit and Carrefour Spain, having started his career at McKinsey.
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