MATCHESFASHION CEO Ajay Kavan leaves after a year in the role
MATCHESFASHION CEO Ajay Kavan is stepping down from the luxury retailer after a year in the role.
Kavan joined the London-based business from Amazon, where he had been vice president international special projects, in March 2020.
While a replacement is sought, non-executive director Maureen Chiquet will step into the role of executive chairwoman to support the teams in overseeing business activities.
Chairman Tom Hall said: "On behalf of the Board, I would like to thank Ajay for his significant contributions to MATCHESFASHION over a challenging year, book-ended by the start of COVID lockdown and Brexit. Ajay has reinforced the foundations of the business, significantly strengthened the team and embedded a customer-driven culture. I wish Ajay every success for his future endeavours."
Kavan added: "I am proud of the team we have built at MATCHESFASHION. I believe in the potential of the business and the team is focused behind a clear set of goals that will further accelerate growth in the years ahead. I look forward to seeing the business go from strength to strength."
Chiquet joined the MATCHESFASHION board in 2018. A seasoned professional in luxury fashion, she was previously Global CEO of CHANEL, having left the company in 2016. She began her career at L’Oréal in France, before joining Gap and then moving to CHANEL in 2003.