TIDMASC
RNS Number : 4727O
ASOS PLC
02 October 2019
2 October 2019
ASOS Plc
ASOS strengthens Board with four Non-Executive Director
appointments
ASOS plc, one of the world's leading destinations for
fashion-loving 20-somethings, today announces the significant
strengthening of its Board of Directors (the "Board") with the
appointment of four independent non-executive directors: Karen
Geary, Luke Jensen, Mai Fyfield and Eugenia Ulasewicz.
The appointees bring with them a wealth of knowledge and skills
across online retail, fashion, technology, logistics, international
markets and people management to the Board.
- Karen Geary has extensive experience in the technology
industry following roles as Chief Human Resources Officer and
Non-Executive Director and Chair of the Remuneration Committee at
Micro Focus International plc, Chief People Officer at Wandisco,
Inc., and as Chief People Officer at The Sage Group plc. She has
also been appointed to National Express Group plc with effect from
1 October 2019.
Karen joins the Board and the Remuneration, Audit and Nomination
Committees with immediate effect. On 1 December 2019, she will
become Chair of the Remuneration Committee.
- Luke Jensen has been CEO of Ocado Solutions since 2017 and
joined the Board of Ocado Group plc, the FTSE 100 listed online
grocer and technology company, in 2018. He was previously Senior
Advisor at Boston Consulting Group and Group Development Director
at J Sainsbury plc, where he was responsible for online and all
customer facing digital activities.
Luke's appointment to the Board will be effective from 1
November 2019 and he will also join the Audit and Nomination
Committees.
- Mai Fyfield was Chief Commercial and Strategy Officer at Sky,
and currently serves as a non-executive director on the Boards of
Roku, the NASDAQ-listed TV streaming platform, BBC Commercial
Holdings Limited, and Nationwide Building Society.
Mai will also join the Board on 1 November 2019 and will sit on
the Audit and Remuneration Committees.
- Eugenia Ulasewicz was President of Americas for Burberry Group
from 1998-2013 and previously held senior retail positions with
Bloomingdale's, Galeries Lafayette and Saks Fifth Avenue. She
currently holds non-executive roles with FTSE 100 listed Bunzl plc,
Signet Jewellers Limited, Vince Holding Corp, and Hudson Group
Limited.
Eugenia will join the Board on 16 April 2020 and will sit on the
Audit and Nomination Committees.
The new Board members mark the expansion of the Board to reflect
ASOS' increased size and scale and the take up of positions to be
vacated by current Non-executive Directors, Hilary Riva and Rita
Clifton, who both come to the end of their six-year tenures in
April 2020 and will depart on a date to be announced in due course.
Hilary has served as the Chair of the Remuneration Committee since
January 2016.
Adam Crozier, Chairman, ASOS plc said: "On behalf of the Board,
I'd like to warmly welcome Karen, Luke, Mai and Eugenia to ASOS.
Their world-class experience, skills, and expertise will be
essential in guiding the business through the next stage of global
growth, fuelled by the substantial investments it has made over the
past few years. I'd also like to extend our thanks and gratitude to
Hilary and Rita for the important role they have played in the
development of ASOS and the board over their tenure."
The following additional information is provided in accordance
with paragraph (g) of Schedule Two of the AIM Rules for Companies.
The new appointments hold or have held the following directorships
or partnerships in the past five years:
Luke Giles William Jensen (53)
Current Past
Hana Group SAS M8 Group Limited
Hazel Parent Company Ocado Retail Limited
Ocado Group Plc L Jensen Services Ltd
Ocado Solutions Australia Pty Limited
Ocado Solutions Canada Inc
Ocado Solutions Sweden Ab
Ocado Solutions Usa Inc
Ocado Ventures (Karakuri) Limited
Last Mile Technology Limited
Ocado Solutions Limited
Ocado Central Services Limited
Ocado Holdings Limited
Ocado Innovation Limited
Ocado Innovation Holdings Limited
Ocado Operating Limited
Eugenia Marie Ulasewicz (66)
Current Past
Hudson Group Ltd Women In Need, Inc.
Vince Holding Corporation
Signet Jewellers Ltd
Bunzl PLC
Rowenna Mai Fyfield (50)
Current Past
Roku, Inc. Jupiter Entertainment
Inc
Nationwide Building Society
BBC Commercial Holdings Ltd
Karen Mary Geary (56)
Current Past
KMGV Limited Micro Focus International
National Express Group plc plc
There is no further information to be disclosed pursuant to
Schedule Two Part (g) of the AIM Rules for Companies.
For further information
ASOS plc Tel: 020 7756 1000
Nick Beighton, Chief Executive
Alison Lygon, Head of Investor Relations
Website: www.asosplc.com/investors
Headland Consultancy Tel: 020 3805 4822
Susanna Voyle/Stephen Malthouse/Lindsay Dunford
JPMorgan Cazenove (Nominated Advisor) Tel: 020 7742 4000
Michael Wentworth-Stanley/Bill Hutchings
Numis Securities Tel: 020 7260 1000
Alex Ham/Luke Bordewich/Tom Ballard
Background note
ASOS is a global destination for fashion-loving 20-somethings.
ASOS sells over 85,000 branded and ASOS Brand products through
localised app and mobile/desktop web experiences, delivering from
fulfilment centres in the UK, US and Europe. ASOS curates a mix of
in-house designed labels, ASOS DESIGN, ASOS EDITION, ASOS WHITE,
ASOS 4505 and Collusion with global and local brands sold through
its own channels to deliver a locally relevant offer. Its
ground-breaking propositions help bring its amazing products to
almost every country in the world and it serves customers globally
with increasingly tailored local experiences: relevant languages,
payment methods and delivery and return options. Customers can
currently shop ASOS in over 200 markets, in ten languages, using an
ever-greater number of different payment methods, with hundreds of
local deliveries and returns options from pick up and drop off
networks to Next-Day Delivery. ASOS aims to give all its global
customers a truly frictionless experience.
ASOS's websites attracted 200.9 million visits during June 2019
(June 20181: 169.1 million) and as at 30 June 2019 it had 20.0
million active customers (30 June 2018: 18.0 million), of which 6.3
million were located in the UK and 13.6 million were located in our
international territories (30 June 2018: 5.8 million in the UK and
12.2 million internationally).
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END
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