ASOS COO and CFO to exit in executive team restructuring
Online fashion giant ASOS has announced that Mat Dunn, Chief Financial Officer and Chief Operating Officer, will step down from his roles as the company restructures its executive team.
Dunn will continue in his roles and as a member of the Board until at least 31 October 2022 and will remain employed until the end of the year to provide transitional support. He joined the Board of ASOS in April 2019 as CFO before taking on the additional role of COO in October 2021.
ASOS confirmed that the process is already underway to appoint a new CFO. 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.”
Mat Dunn commented: "I have very much enjoyed my time at ASOS. We have achieved a lot over the last three years and the business is stronger as a result and I am sure will go on to great success. I am looking forward to my next challenge, but I will continue to follow what is happening at ASOS and I wish the Board, José and the rest of the team all the best for the future.”
In June 2022, ASOS announced the appointment of José Antonio Ramos Calamonte as Chief Executive Officer and Jørgen Lindemann as Chairman. Calamonte previously held the position of Chief Commercial Officer.