LONDON, United Kingdom — Mr Porter managing director Toby Bateman is exiting Yoox Net-a-Porter Group (YNAP), BoF has learned.
The well-regarded executive joined the group’s luxury menswear site as its buying director when it launched in 2010 and was promoted to managing director in 2015. A spokesperson for YNAP did not respond to requests for comment regarding his departure.
Bateman is the latest in a string of executives to exit YNAP in the past year. Most recently, Stephanie Haywood — who was director of personal shopping at the Yoox Net-a-Porter Group — left the company. Chief people officer Deborah Lee, Chief Financial Officer Enrico Cavatorta, Net-a-Porter Managing Director Matthew Woolsey and Porter Editor-in-Chief Lucy Yeomans have also departed in the past year. In 2018, top-management exits included Chief Information Officer Alex Alexander, Off-Price President Alessandra Rossi, Global Chief Operating Officer Alberto Grignolo and Group Communications Director Bruno-Roland Bernard.
While Yeomans was never officially replaced, the group has also made a number of new hires to bolster the team. YNAP announced last week that former Giuseppe Zanotti Chief Executive Nicola Brandolese would succeed Woolsey, who is now president of Mousse Partners-backed outerwear brand 66˚North. Other recent hires include LVMH veteran Thierry Pichon — in the newly created role of vice president of global sales and customer experience at Net-a-Porter and Mr Porter — and Chief Technology Officer Pete Marsden, who joined from insurance company Aviva. Marsden has experience in technology replatforming, a process the Richemont-owned group has struggled with for the past three years. Mr Porter is in the midst of the replatforming process.
Bateman’s next move is unknown.