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Asos seeking to replace chairman

Online fashion retailer Asos is interviewing candidates to replace its chairman Brian McBride after nearly six years in the position. 

According to Sky News, the search for his replacement has apparently been underway for some time and will lead to a complete shake-up of the whole team. 

The company is believed to be working with headhunting firm Russel Reynolds to find its new chairman.

McBride was previously CEO of Amazon UK and is currently also the chairman of cycling and tri-sports business Wiggle, on the board of white goods company AO.com and is a senior adviser to Scottish Equity Partners.

Asos was founded 18 years ago and now has a market value of around £5.5bn at its closing price of 6632p on Friday.

 

 

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