ASOS names former ITV boss Crozier as next chairman

Reuters

Published Jul 03, 2018 08:41AM ET

ASOS names former ITV boss Crozier as next chairman

LONDON (Reuters) - British online fashion retailer ASOS (LON:ASOS) said on Tuesday Adam Crozier, the former boss of broadcaster ITV (LON:ITV), will succeed Brian McBride as its chairman.

Crozier, the current chairman of hotels-to-coffee-chain group Whitbread (LON:WTB), will take over from McBride, who has been with ASOS for six years, after its annual shareholders' meeting on Nov. 29.

Established in 2000 for fashion-conscious twenty-somethings, ASOS is Britain's biggest e-commerce success story and its current market capitalization of 5.12 billion pounds is bigger than Marks & Spencer's.