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Burberry's CEO designate to join firm this month

Published 01/16/2017, 02:25 AM
Updated 01/16/2017, 02:30 AM
© Reuters. A customer walks in front of a Burberry store in central London
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LONDON (Reuters) - British luxury brand Burberry (L:BRBY) said on Monday its incoming chief executive Marco Gobbetti will initially join the company on Jan. 27 as executive chairman, Asia Pacific and Middle East, before joining the board and taking the top job on July 5.

Italian Gobbetti, the former boss of French brand Celine, was named as Christopher Bailey's successor as CEO last July.

Bailey will take on the new role of president and chief creative officer.

© Reuters. A customer walks in front of a Burberry store in central London

Burberry will update on trading in its Christmas quarter on Wednesday.

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