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Power Moves | Asos Chief Executive Steps Down, Tiffany Names New CMO

This week, Asos’ chief executive of six years announced his departure, while Tiffany hired its first chief marketing officer in over five years.
Nick Beighton
Nick Beighton. Courtesy.

Asos CEO steps down amid executive and board reshuffle. Nick Beighton departed the online retailer Monday, after 12 years with the company, though he will be available to the board until the end of this year, Asos said in a statement. Chief financial officer Mathew Dunn will oversee day-to-day business as chief operating officer, with group finance director Katy Mecklenburgh stepping in as interim CFO. The search for Beighton’s successor will begin shortly, the company said.

Asos also announced several board changes, with Ian Dyson replacing Adam Crozier as non-executive chair and Jørgen Lindemann — recently on the board of Zalando — joining as a non-executive director Nov. 1.

Tiffany names first CMO in years. Andrea Davey, who has been with the company since 2013, has been promoted from senior vice president of marketing to chief marketing officer, according to her LinkedIn profile. The news was first reported by WWD.

Parfums Christian Dior appoints Francis Kurkdjian perfume creative director. Kurkdjian will remain artistic director of his namesake brand Maison Francis Kurkdjian, which along with Dior is also owned by the LVMH Group. He succeeds François Demachy, who served as Dior perfumer-creator since 2006.

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Tod’s appoints general manager amid CEO changes. Former chief executive Umberto Macchi di Cellere has left the group, with chairman Diego Della Valle and vice-chairman Andrea Della Valle taking on the powers of chief executive. Cellere has been replaced by Simona Cattaneo, who previously held roles at L’Oréal, Burberry and Dior.

Bottega Veneta names CEO of the Americas. Alejandra Rositto joins the Kering-owned house from LVMH-owned Fendi, where she was vice president of east coast US retail. She replaces Gerrit Ruetzel, who has overseen Bottega Veneta’s Americas business since 2017.

Ferragamo names new top executives for US, EMEA. Former Barney’s New York chief executive Daniella Vitale will join Salvatore Ferragamo as its new CEO for North America. The brand also named Vincenzo Equestre, who previously held senior commercial roles at L’Oreál and at LVMH’s Chaumet and Christian Dior brands, the new chief executive for the EMEA region.

Yoox Net-a-Porter names US general manager. Mary Ransom joins the group from The Knot Worldwide, where she was executive vice president. She reports to chief regional officer Paolo Mascio.

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