23rd Oct 2018 08:33
LONDON (Alliance News) - Online fashion retailer ASOS PLC said Tuesday it has poached the finance head of soft drinks-maker Britvic PLC as it own chief financial officer from spring 2019.
Britvic CFO Mathew Dunn will leave the FTSE 250-listed maker of Robinsons squash and J20 juices at the end of his notice period in April 2019. Britvic said it has already begun the search for Dunn's successor.
"Mat has made a significant and positive impact since joining Britvic three years ago," Britvic Chief Executive Officer Simon Litherland said. "I would like to thank him for his important contribution and wish him well in his new role."
ASOS - an AIM-listed firm with a GBP4.9 billion market capitalisation just shy of FTSE 100 size - explained Dunn will take up his role at the retailer in the spring of 2019 at a date to be confirmed later.
"I'm looking forward to working with Mathew," ASOS Chief Executive Officer Nick Beighton said. "He brings us a totally relevant mix of operational experience together with a history of implementing and overseeing finance systems at an international level."
Dunn added: "I'm very much looking forward to working with the ASOS team. I'm motivated by their ambitious plans to realise the significant potential still ahead for the company."
Shares in Britvic were 1.2% lower at 771.00 pence on Tuesday, ASOS 1.9% lower at 5,808.00 pence.
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