Burberry announced the appointment of Kate Ferry as Chief Financial Officer and Executive Director.
Kate, who will join Burberry by early September 2023 at the latest, will have responsibility for Finance and Business Services functions and will become a member of Burberry’s Board and Executive Committee, reporting to Chief Executive Officer Jonathan Akeroyd, the statement said.
Kate is currently Chief Financial Officer of McLaren Group where she has overseen financial strategy and investor relations and has supported the broader strategic development of the company over the past two years. Prior to McLaren, Kate was Group Chief Financial Officer of TalkTalk Telecom Group PLC from 2017 to 2021. She is also currently an independent non-executive director of Greggs plc.
Kate will succeed Julie Brown, currently Burberry Chief Operating and Financial Officer. As announced on 23 September 2022, Julie will leave Burberry on 1 April 2023 after more than six years with the company. Ian Brimicombe, currently SVP, Specialist Finance and Projects at Burberry, has been appointed Interim Chief Financial Officer from 2 April 2023 and will join Burberry’s Executive Committee from that date.
Jonathan Akeroyd, CEO of Burberry, said: “I am very pleased to announce Kate’s appointment as Chief Financial Officer. Kate has extensive experience of public markets, business transformation and development and an excellent understanding of the luxury industry. She is a strong addition to our leadership team and I am excited about her joining to support this next phase of Burberry’s development.”
Gerry Murphy, Chair of Burberry, said: “I’m delighted that Jonathan has recruited Kate to our top team. I’m very confident that she has the energy and experience to support the delivery of our ambitious plan, announced last November by Jonathan, to realise Burberry’s potential in Modern British Luxury. I also want to take this opportunity to thank Julie for her professionalism and her enormous contribution to Burberry’s progress over the last six years, and to wish her every success in her new role.”
Kate Ferry said: “I am thrilled to be joining Burberry at such an exciting time in the company’s development. I look forward to working closely with Jonathan and the rest of the Burberry leadership team to help realise the full potential of this iconic British luxury brand.”
HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com.