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Founder & CEO of online fashion retailer ASOS steps down

03 Sep '15
2 min read

Founder and chief executive officer of UK online fashion retailer ASOS, Nick Robertson has stepped down from his post as CEO and will remain with the company as a non executive director.

In a statement, the retailer said, “The board of ASOS announces that after 15 years in the role, founder Nick Robertson is to stand down as CEO and remain with the company as a non-executive director.”

The board also announced the appointment of Nick Beighton, the chief operating officer (COO) as CEO and will succeed Nick Robertson and that the changes take effect immediately.

“Nick Beighton joined ASOS in April 2009 as chief financial officer (CFO) and has since worked closely with Nick Robertson on the growth of the company,” the fashion retailer added.

In October last year, Nick Beighton was appointed COO, widening his management responsibilities beyond finance.

In April this year, ASOS announced the appointment of Helen Ashton as chief financial officer, succeeding Nick Beighton in the role.

Brian McBride, chairman of ASOS said, “On behalf of everyone who works at ASOS, I would like to acknowledge Nick Robertson's extraordinary achievement.”

“His passion and vision have built a start-up into a world class company and we are all delighted that Nick will continue to contribute to the company that he started,” McBride too added.

“We are fortunate to have such an able successor for the CEO role in Nick Beighton as he has unique experience built over six years, equipping him to drive ASOS along its growth trajectory,” he observed. (AR)

Fibre2Fashion News Desk – India

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