Advertise with fastmoving.co.za
 
 

Murphy will begin his new role on May 17 and will succeed current chairman Sir John Peace at the company’s annual shareholder meeting on July 12.
Murphy will begin his new role on May 17 and will succeed current chairman Sir John Peace at the company’s annual shareholder meeting on July 12.

Burberry appoints new chairman

INTERNATIONAL NEWS

By Ava Szajna-Hopgood - Apr 16th, 14:56

More change at the top for Burberry as Gerry Murphy is appointed chairman designate.
 

Murphy will begin his new role on May 17 and will succeed current chairman Sir John Peace at the company’s annual shareholder meeting on July 12.

“In Gerry Murphy, we have found a superb candidate with extensive experience in the consumer and retail industries,” Peace said.

“I am confident he is the right choice to lead the board as Burberry embarks on a new chapter.”

Murphy has served as non-executive director of British American Tobacco, Merlin Entertainments, and Reckitt Benckiser, and is the current chairman of Tate and Lyle and of the Blackstone Group International Partners.

Jeremy Darroch, Burberry’s senior independent director said, “We are delighted to welcome Gerry to the board. His substantial UK plc and global business experience will be a great asset to Burberry as we continue to focus on delivering long-term shareholder value.”

“On behalf of the board, I would like to thank Sir John for his immense contribution to Burberry over the past 16 years. Sir John has presided over a period of extraordinary change, during which Burberry has enjoyed strong growth and evolved into one of the most valuable luxury brands in the world.”

The appointment comes just six weeks after the British fashion house appointed Marco Gobbetti as its new chief executive, alongside Riccado Tisci as chief creative officer.
Retail Gazette 

Related News

Tills chime for Pick n Pay’s Zim stores as retail, hoteling income grow
16/07/2018 - 10:47
Pick n Pay is raking in the profits from Zimbabwe and its partner in the struggling country is now looking to open more stores buoyed by stronger performance from its other operations across city and resort hotels as well as agro-processing.

Walmart plans more convenience stores
13/07/2018 - 14:07
Walmart has opened another convenience store, this time launching a Walmart Fuel Station in Plano, Texas.

Nike names new chief sustainability officer
12/07/2018 - 08:59
Nike has named Noel Kinder has is new chief sustainability officer.

Schweppes launches muscovado mixer to pair with dark spirits
12/07/2018 - 08:26
Coca-Cola European Partners has unveiled a new variant of its Schweppes 1783 range.

Online wine retailer poised for growth as e-commerce niche booms globally
11/07/2018 - 14:07
South African online shopping trends tend to follow those globally, and with online wine retailers experiencing a boom in sales worldwide, the local market is expected to follow suit. In the United States alone, wine retailers experienced online sales growth of wine, beer and liquor by almost 33% in 2017 (source).