By Andrea Figueras

ASOS said it has named Aaron Izzard as chief financial officer and executive director, as the company continues with its turnaround plan.

Izzard will succeed Dave Murray, who will be stepping down to pursue other opportunities, the London-listed fashion group said Tuesday.

The appointment is effective from July 1 and Murray will remain with the group for a handover period to ensure a smooth transition.

Izzard brings more than two decades' experience across a range of senior finance roles in the retail and e-commerce industry. He is currently ASOS's director of group finance and has played a key role in the implementation of a comprehensive cost-efficiency program, the group said.

The transition mirrors the company's evolution as it moves from a financial turnaround into a phase of growth at a time when the fast-fashion industry faces intense competition with players such as Shein, Temu and Vinted pushing the market.

Write to Andrea Figueras at andrea.figueras@wsj.com

(END) Dow Jones Newswires

June 17, 2025 02:41 ET (06:41 GMT)

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