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Burberry CFO to step down in 2023

Tom Shearsmith
23 September 2022

Burberry has announced that Julie Brown will step down as Chief Operating and Financial Officer at the close of the company’s financial year on 1 April 2023.

Brown will be leaving Burberry after six years to take up an opportunity outside of the luxury industry.

According to Burberry, the process to identify Julie’s successor is already underway and further updates will be "announced in due course".

Jonathan Akeroyd, CEO, commented: "Julie has played a key role in positioning Burberry for growth, supported by a high-quality team. I would like to personally 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 in place to realise Burberry’s full potential.”

Julie Brown, COO &CFO, commented: “It has been a privilege to serve as Burberry’s CO&FO. As a group, we have strengthened our brand and business and taken an industry-leading position in sustainability. I am particularly proud of our work to navigate Burberry through the pandemic, remaining true to our values and delivering transformational change across Finance, IT, Burberry Business Services and Responsibility. I would like to thank Gerry, Jonathan, the Board, my colleagues and above all my team for their partnership. I am fully committed to continuing to support them until the close of our financial year.”

Last month, Burberry announced Alan Stewart as its new Non-Executive Director and member of the Audit and Nomination committees. Most recently, Stewart served as Chief Financial Officer of Tesco PLC from 2014 to 2021. Prior to this, he has held other senior positions including CFO of Marks & Spencer PLC and Group Finance Director of WH Smith PLC.

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