Asos chief financial officer and chief operating officer Mathew Dunn has agreed to a “phased” exit from the business over the coming months.
Dunn will continue in his roles and as a member of the board for Asos until at least October 31, and will stay on as an employee until the end of the year to ensure a smooth transition.
He joined Asos as CFO in April 2019, before taking on the dual role of COO in October 2021.
Dunn also acted as interim chief executive for the fashion retailer after the departure of Nick Beighton.
The news comes two months after new chief executive and former chief commercial officer José Antonio Ramos Calamonte was appointed.
The retailer said the process to recruit a new CFO was already underway.
Asos chair Jørgen Lindemann 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 chief executive.
“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.”
Dunn added: “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.”
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