⌘K
t
ASOS plc announced on 13 January 2022 the immediate appointment of Patrick Kennedy to its Board of Directors as Senior Independent Non-Executive Director and Audit Committee Chair. Kennedy replaces Ian Dyson in these roles, following Dyson's appointment as Non-Executive Chair on 29 November 2021. Patrick Kennedy holds 23,000 ordinary shares in the Company.
| Date | 13 Jan 2022 |
| Time | 07:03:01 |
| Category | Board changes |
| ID | 2749Y |
13 January 2022
ASOS plc
("the Company")
Appointment of Patrick Kennedy as Senior Independent Non-Executive Director
ASOS plc today announces the appointment of Patrick Kennedy, Chairman of Bank of Ireland Group plc and the former Chief Executive of Paddy Power plc, to its Board of Directors (the "Board") with immediate effect.
Patrick replaces Ian Dyson as the Senior Independent Non-Executive Director and Audit Committee Chair, following Ian's appointment as Non-Executive Chair of the Board on 29 November 2021.
In a 30-year career in business, Patrick has held a range of senior roles, having started his career at KPMG and McKinsey & Company. From 2006 to 2014 he was Chief Executive of Paddy Power plc and before that worked for Greencore Group plc, including as Chief Financial Officer. He is currently Chairman of Bank of Ireland, Chairman of CarTrawler, the B2B travel technology company, and Honorary Treasurer of the Irish Rugby Football Union. He was previously a non-executive director of Elan Corporation plc, where he chaired the Leadership, Development and Compensation Committee, and a non-executive director of Paddy Power plc, where he chaired the Audit Committee.
Ian Dyson said:
"On behalf of the Board, I'd like to warmly welcome Patrick to ASOS. His deep experience across a diverse range of businesses will complement the existing skillset of the Board as ASOS embarks on its next phase of growth."
The following additional information is provided in accordance with paragraph (g) of Schedule Two of the AIM Rules for Companies. Patrick Kennedy (age 52) holds or has held the following directorships or partnerships in the past five years:
|
Current Bank of Ireland Group plc The Governor and Company of the Bank of Ireland Belfast Group Holdings Limited |
Past Ireland Rugby World Cup Bid 2023 Oversight Board Mustang Holdco Limited
|
|
Patrick holds 23,000 ordinary shares in the Company.
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
Mathew Dunn, Chief Operating Officer & Chief Financial Officer
Taryn Rosekilly, Director of Investor Relations
Website: www.asosplc.com/investors
Headland Consultancy Tel: 020 3805 4822
Susanna Voyle/Stephen Malthouse
JPMorgan Cazenove (Nominated Advisor) Tel: 020 7742 4000
Bill Hutchings/Will Vanderspar
Numis Securities Tel: 020 7260 1000
Alex Ham/Jonathan Wilcox/Tom Jacob
Berenberg Tel: 020 3207 7800
Michelle Wilson/Jen Clarke
Background note
ASOS is a destination for fashion-loving 20-somethings around the world, with a purpose to give its customers the confidence to be whoever they want to be. Through its app and mobile/desktop web experience, available in ten languages and in over 200 markets, ASOS customers can shop a curated edit of over 90,000 products, sourced from nearly 900 global and local third-party brands alongside a mix of fashion-led own-brand labels - ASOS Design, ASOS Edition, ASOS 4505, Collusion, Reclaimed Vintage, Topshop, Topman, Miss Selfridge and HIIT. ASOS aims to give all of its customers a truly frictionless experience, with an ever-greater number of different payment methods and hundreds of local delivery and return options, including Next-Day Delivery and Same-Day Delivery, dispatched from state-of-the-art fulfilment centres in the UK, US and Germany.