ASOS appoints Adam Crozier to chair
Written by Chris Lemmon
Online fashion retailer ASOS has announced that Danny McBride will be stepping down as chair and non-executive director in November this year, after a six-year tenure.
McBride will be succeeded by Adam Crozier, who will be appointed as chair and non-executive director on 29 November 2018. Crozier has extensive boardroom experience, with directorships at Saatchi & Saatchi, Vue International, G4S, the Football Association, the Royal Mail, and most recently ITV, where he served as chief executive until June 2017.
Ian Dyson, senior independent non-executive director of ASOS, commented: “On behalf of the Board, I'd like to thank Brian for his contribution during a period of high growth for our company and I'd like to welcome Adam, who joins us at an equally exciting stage in our journey.”
Crozier added: “The ASOS story is truly impressive and I am tremendously excited to become part of it. I'm greatly looking forward to working with the team that is building a global powerhouse in online fashion.”
The online platform’s most recent results showed a 27 per cent increase in sales, driven largely by investment across technology and transformation programmes. A total of 29.9 million orders were placed over the six months to 28 February 2018 – up 28 per cent year-on-year, with first half site visits exceeding one billion for the first time.