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HomeAll NewsMost read newsBusiness Leaders Biography
Age : 56
Public asset : 1,725,241 USD
Biography : Adam Alexander Crozier is a British businessperson who has been at the head of 13 different companie

ASOS names former ITV boss Crozier as next chairman

07/03/2018 | 02:44am EDT
A model walks on an in-house catwalk at the ASOS headquarters in London

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

Crozier, the current chairman of hotels-to-coffee-chain group Whitbread, 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 capitalisation of 5.12 billion pounds is bigger than Marks & Spencer's.

Crozier, 54, was ITV's chief executive until June 2017 and is also a former boss of the Royal Mail and the Football Association.

(Reporting by James Davey, Editing by Paul Sandle)

© Reuters 2018
Stocks mentioned in the article
ChangeLast1st jan.
ASOS PLC 4.52% 3188 Delayed Quote.-33.35%
ITV PLC -1.32% 108.55 Delayed Quote.1.64%
JUST GROUP PLC 0.11% 92.25 Delayed Quote.31.97%
MARKS AND SPENCER GROUP PLC 0.11% 180.75 Delayed Quote.33.82%
WHITBREAD PLC 0.00% 3276 Delayed Quote.5.68%
WILL GROUP, INC. 0.08% 1323 End-of-day quote.31.51%