ASOS chairman Dyson takes same job at Currys, but stays with ASOS for now
Currys has lured another key executive from the fashion sector with ASOS Chairman Ian Dyson to take up the same post at the electricals retailer. He'll remain with ASOS for now as well however, as the firm will only replace him once it has appointed a new CEO, with its CEO search still under way.
It follows the move several years ago of Very Group chief Alex Baldock to be Currys CEO.
Dyson will succeed the outgoing Ian Livingston, joining the board first as a non-executive director on 1 September and then becoming Chairman a week later. He was previously group finance and operations director of Marks & Spencer Group.
He takes up his new, additional, role at a pivotal time for ASOS. The company has been battling supply chain problems and a falling share price while also having recently moved its share listing from AIM to the Main Market and -- as mentioned -- also being in the middle of a CEO search.
Its long-term CEO Nick Beighton exited last autumn as its performance stalled, and CFO Mat Dunn has held the fort since then in the role of COO.
There have been rumours about who might take on the CEO’s role and an announcement had been expected, possibly, with its results last month. No news has yet come from the company however.
Dyson had been the senior non-executive director as ASOS before taking up the non-executive Chairman’s role last autumn. That appointment is for a three-year period starting 20 November 2021.
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