In order to aid with its turnaround plan, the British online retailer Asos selected Sean Glithero as interim finance head on Friday. Katy Mecklenburgh will depart in May.
Glithero, who has held positions at Auto Trader, Funding Circle, and MatchesFashion in the past, has already joined the company, according to Asos.
The group, which served as the former British face of the shift to online fashion selling, announced in October that it will revamp its business strategy after the financial crisis and a number of operational issues severely hurt its profits. Over the past year, its shares have fallen by 57%.
It announced on Friday that it had taken steps to strengthen its leadership team and streamline decision-making procedures, with a new 12-person team having 75% of its positions filled.
