Former ITV Boss Takes Over at Online Fashion Retail Giant
- ASOS appoints Adam Crozier as new chair and non-executive director
- Crozier has extensive boardroom experience
- He served as CEO of ITV until June 2017
- Brian McBride steps down after six years in the role
Online fashion retailer ASOS has appointed former ITV boss Adam Crozier as its new chair and non-executive director. Crozier brings extensive boardroom experience from his time with companies such as Saatchi & Saatchi, Vue International, G4S, the Football Association, the Royal Mail, and most recently ITV where he served as CEO until June 2017. He also joined Whitbread in April 2017, becoming senior independent director in September 2017 and chair in February 2018. Crozier has no interest in any ordinary shares or options in ASOS plc. Outgoing chair Brian McBride expressed his pleasure at having worked with the company for six years and wished it continued success as the world’s number one destination for fashion-conscious twenty-somethings. Crozier shared his excitement to join the team building a global powerhouse in online fashion.
Factuality Level: 10
Factuality Justification: The article provides accurate information about ASOS appointing Adam Crozier as its new chair and non-executive director, his previous experience, and the departure of Brian McBride. It also includes relevant quotes from both individuals. The content is focused on the main topic without any digressions or irrelevant details.
Noise Level: 3
Noise Justification: The article provides relevant information about a company’s leadership change and includes quotes from the involved parties, but it lacks analysis or exploration of long-term trends or consequences. It does not offer actionable insights or new knowledge for readers.
Financial Relevance: Yes
Financial Markets Impacted: ASOS plc
Financial Rating Justification: The appointment of a new chair and non-executive director for ASOS, an online fashion retailer, may impact the company’s financial performance and its stock price in the financial markets.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There are no extreme events mentioned in the text.
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