TIDMASC

RNS Number : 7705X

ASOS PLC

02 September 2015

2 September 2015

ASOS plc ("ASOS" or "the Company")

Board changes

The Board of ASOS announces that after 15 years in the role, the founder of the Company Nick Robertson is to stand down as Chief Executive Officer and is to remain with the Company as a non-executive director. The Board also announces the appointment of Nick Beighton as Chief Executive Officer of the Company in succession to Nick Robertson. These changes take effect immediately.

Nick Beighton joined ASOS in April of 2009 as Chief Financial Officer and has since worked closely with Nick Robertson on the growth of the Company. In October last year, Nick Beighton was appointed Chief Operating Officer, widening his management responsibilities beyond finance. In April the Company announced the appointment of Helen Ashton as Chief Financial Officer, succeeding Nick Beighton in the role. Helen started with the Company yesterday.

Brian McBride, Chairman of ASOS said:

"On behalf of everyone who works at ASOS, I'd like to acknowledge Nick Robertson's extraordinary achievement. His passion and vision have built a start-up into a world class company. We are all delighted that Nick will continue to contribute to the Company that he started.

We are fortunate to have such an able successor for the CEO role in Nick Beighton. Nick has unique experience of the Company built over six years, equipping him to drive ASOS along its growth trajectory to become the world's leading online fashion retailer for 20 - somethings".

Enquiries:

 
 ASOS plc                                        Tel: 020 7756 1000 
 Nick Beighton, Chief Executive 
  Greg Feehely, Director of Investor Relations 
 
   Instinctif Partners                             Tel: 020 7457 2020 
 Matthew Smallwood / Justine Warren / Guy 
  Scarborough 
 
   JPMorgan Cazenove                               Tel: 020 7742 4000 
 Caroline Thomlinson 
 
   Numis Securities                                Tel: 020 7260 1000 
 Alex Ham 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 02, 2015 02:00 ET (06:00 GMT)

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