Further to the announcements of 11 July 2016, Burberry today confirms that Marco Gobbetti will join the Company on 27 January 2017, reporting to the Chairman Sir John Peace.
Marco will initially hold the role of Executive Chairman, Asia Pacific and Middle East until 4 July 2017. On 5 July 2017, he will become Chief Executive Officer and will join the Board on that date.
Christopher Bailey will continue as Chief Creative and Chief Executive Officer until 4 July 2017. He will transition to the new role of President and Chief Creative Officer on 5 July 2017 and will remain on the Board. Christopher will continue to report to the Chairman.
The Company confirms that there is no further information to be disclosed pursuant to paragraph LR 9.6.13R of the Listing Rules of the Financial Conduct Authority with regard to the appointment of Marco Gobbetti.
The information communicated herein is inside information.
| Investors and analysts | ||
| Charlotte Cowley | VP, Investor Relations | 020 3367 3524 |
| Media | ||
| Andrew Roberts | VP, Corporate Relations | 020 3367 3764 |
| Nick Claydon | Brunswick | 020 7404 5959 |
| Katharine Spence |
Certain statements made in this announcement are forward-looking statements. Such statements are based on current expectations and are subject to a number of risks and uncertainties that could cause actual results to differ materially from any expected future results in forward-looking statements. Burberry Group plc undertakes no obligation to update these forward-looking statements and will not publicly release any revisions it may make to these forward-looking statements that may result from events or circumstances arising after the date of this document. Nothing in this announcement should be construed as a profit forecast. All persons, wherever located, should consult any additional disclosures that Burberry Group plc may make in any regulatory announcements or documents which it publishes. All persons, wherever located, should take note of these disclosures. This announcement does not constitute an invitation to underwrite, subscribe for or otherwise acquire or dispose of any Burberry Group plc shares, in the UK, or in the US, or under the US Securities Act 1933 or in any other jurisdiction.
BURBERRY, the Equestrian Knight Device and the Burberry Check are trademarks belonging to Burberry which are registered and enforced worldwide.
