Luxury car maker Aston Martin appoints fashion experts Massenet and McKee to its board
Aston Martin Lagonda Global Holdings has appointed Net-A-Porter founder Dame Natalie Massenet and former chief merchant officer of Harrods Marigay McKee to its board of directors to support its future growth ambitions.
Dame Natalie and McKee have both been made non-executive directors while Massenet will also sit on the rumuneration committee.
The pair are two of the best known figures in global luxury fashion with Dame Natalie having started Net-A-Porter from her Chelsea flat in 1999 and growing it into a global empire, which she exited in 2015 following its merger with YOOX.
She then spent some time as co-chair of luxury fashion platform Farfetch and is now co-Founder and Managing Partner at Imaginary Ventures, a capital firm focusing on innovations at the intersection of retail and technology. She is also a former chair of the British Fashion Council.
Marigay McKee began her career at Estee Lauder and then moved to head up the beauty department of Harrods, eventually becoming the iconic department store's chief merchant officer. In 2013, she was recruited to become the President of Saks Fifth Avenue and then went on to set up a consultancy firm (MM Luxe Consulting) to deliver strategic retail advisory services.
She is also a co-founder and Managing Partner of Fernbrook Capital Management LLC. Fernbrook invests globally in revenue-stage digitally-native brands and enterprise services, tools and software that power the consumer industry.
The pair were appointed to Aston Martin by its chairman Lawrence Stroll in a bid to create a more diverse board and bring in wider luxury industry expertise. Stroll is also a well-known figure in luxury fashion having previously invested in Tommy Hilfiger and Michael Kors.
"I am very pleased to be announcing these appointments today [...]. This is a very important time for the Company as we execute our plans to transform Aston Martin into one of the pre-eminent luxury car brands in the world, delivering value for our customers, employees, partners and shareholders alike," Stroll said.