Fashion

UK Burberry CEO Julie Brown resigns



Julie Brown, chief executive and financial officer of the UK-based haute couture house, is leaving Burberry in six years to look for an opportunity outside of the luxury industry. The process of identifying Brown’s successor is underway and further updates will be announced in due course.

“On behalf of the board, I would like to thank Julie for her very important contributions to Burberry’s transition, including her central role in realizing our sustainability ambitions. we. Julie has built a solid financial foundation for the next chapter of Burberry’s growth under Jonathan’s leadership.” Burberry President Gerry Murphy said in a Burberry press release.

Burberry CEO and CFO Julie Brown is leaving Burberry after six years to seek opportunities outside of the luxury industry. The process of identifying Brown’s successor is underway and more updates will be announced in due course. Brown will be treated in accordance with the remuneration policy approved by Burberry’s shareholders.

“Julie has played a key role in positioning Burberry for growth, supported by a high-quality team. I personally want to thank her for the support she has provided me since I joined six months ago. I look forward to building on the strong foundations we have to unleash Burberry’s full potential,” commented CEO Jonathan Akeroyd.

“It is a privilege to serve as the CO & FO of Burberry. As a corporation, we have strengthened our brand and business and held an industry leadership position in sustainability. I am especially proud of our work in navigating Burberry through the pandemic, keeping our values ​​intact and delivering transformative change in finance, IT, Business Services and Responsibility. Burberry’s responsibility. I would like to thank Gerry, Jonathan, the board, my colleagues and above all my team for their cooperation. I am fully committed to continuing to support them through the end of our fiscal year,” CO & FO Julie Brown.

Brown will be treated in accordance with Burberry’s shareholder-approved remuneration policy and her service contract for the remainder of her tenure. All share awards not invested at the time of Brown’s departure from Burberry will lapse entirely. No sharing rewards will be granted.

Fiber2 fashion news desk (NB)




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