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Asos interim CFO leaves role

Asos’ interim chief financial officer Katy Mecklenburgh will be leaving the online fashion retailer following her six-month notice period.

Mecklenburgh will leave the position in May 2023 after accepting a position at London-listed IT group Softcat.

The exec has only been in the role since the end of October, after COO and CFO Matt Dunn stepped down from his positions.

Mecklenburgh served as group financial controller at British services group Inchcape before joining Asos in 2021.

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Inchcape had an annual turnover of approximately £8 billion.

The fashion group said it would be cutting 100 head office jobs as part of cost-saving measures. It added it would “continue its process to appoint a new CFO”.

Company redudancies came weeks after Asos revealed it had swung into the red, posting an operating loss of almost £10 million in its year to 31 August.

Asos’ new chief executive José Antonio Ramos Calamonte promised “decisive, short-term operational measures to simplify the business, alongside steps to unlock longer-term sustainable growth”.

 

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