In a statement this morning (17 August), ASOS says its board and Dunn have agreed a phased plan under which Dunn will step down from his roles as COO and CFO as Asos 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. Dunn joined the board of Asos in April 2019 as CFO before taking on the additional role of COO in October 2021 amid the news that former CEO Nick Beighton was to step down.

The online retailer recently named chief commercial officer José Antonio Ramos Calamonte as its new CEO and Jørgen Lindemann as chair.

“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,” says Lindemann.

Dunn adds: “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.”

Asos noted a process is underway to appoint a new CFO and a further announcement will be made in due course.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Earlier this month, the retailer appointed Stradivarius product director Elena Martínez Ortiz as its new womenswear director of its own-brand Asos Design.