AllSaints chief executive William Kim has left the fashion retailer and moved to private equity firm Lion Capital.
Chief operating officer Peter Wood will replace Kim.
Wood has worked for AllSaints for eight years, joining as chief finance officer in 2010 before becoming chief operations officer in 2016.
Kim will now look after Lion Capital’s digital investments, after the private equity firm bought a majority stake in the retailer in 2011.
The news comes six months after AllSaints revealed it had hired former Ted Baker head of commerce Suzanne Egleton as its new global digital director.