Matches CEO and CFO depart following administration

Nick Beighton, CEO

Nick Beighton, CEO, and Dave Murray, CFO, have both departed from the fashion retailer Matches following its recent plunge into administration.

Shirebrook-based Frasers Group put Matches into administration on March 7, just weeks after buying it for £52m.

Both executives were among the 273 job cuts announced.

Former Asos CEO Beighton assumed the position at Matches in July 2022, while Murray joined as CFO in September 2022, coming from luxury retailer Farfetch, where he served as senior vice president of finance.

According to Drapers, Matches’ management team had previously proposed integrating the business into Frasers’ platform and stepping down as part of its turnaround plan.

However, Frasers rejected this proposal.

 

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