ASOS exec Mat Dunn to exit as firm restructures team

By

Sandra Halliday

Published
Aug 17, 2022

There’s more change happening at the top of ASOS with Mat Dunn, its COO/CFO, who was also interim chief executive after Nick Beighton left, set to to leave the company.

On August 17, the company said it has “agreed a phased plan under which Mat will step down from his roles as ASOS restructures its executive team”.

He 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”.

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A process is under way to appoint a new CFO.

He joined the firm’s board in April 2019 as CFO before taking on the additional role of COO in October 2021.

Chairman 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 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.”

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, [new CEO] José [Antonio Ramos Calamonte] and the rest of the team all the best for the future.”