REG - Burberry Group PLC - Board Change

BurberryAnnouncement

05/08/2022 11:30

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RNS Number : 1110V  Burberry Group PLC  05 August 2022

BURBERRY GROUP PLC

 

BOARD CHANGE

 

Burberry Group plc (the "Company") is pleased to announce that Alan Stewart
has been appointed to the Board as a Non-Executive Director and member of the
Audit and Nomination committees, with effect from 1 September 2022.

 

The Company also announces that Matthew Key will be retiring as a
Non-Executive Director at the Annual General Meeting in July 2023, following
completion of 9 years' service.  It is anticipated that Alan will replace
Matthew as Audit Committee Chair at that time.

 

Alan is a Non-Executive Director on the boards of Diageo plc and Reckitt
Benckiser Group plc where he chairs the Audit Committee and the Remuneration
Committee respectively. He was previously a Non-Executive Director and Audit
Committee chair of Games Workshop Group plc from 1996 to 2009.

 

In his executive career, Alan was Chief Financial Officer of Tesco PLC from
2014 to 2021, where he played an instrumental role in the financial
transformation of the business. From 2010 to 2014, Alan was Chief Financial
Officer of Marks & Spencer PLC prior to which he also served as Chief
Financial Officer of AWAS, Group Finance Director of WH Smith PLC and CEO and
CFO of Thomas Cook Holdings.  He is a Chartered Accountant having qualified
with Deloitte.

 

Alan was a founder member of the Accounting 4 Sustainability CFO network which
he chaired for four years until his retirement in 2021 and is a member of
Chapter Zero.

 

Gerry Murphy, Chair, said: "Alan is a highly experienced Chief Financial
Officer and Non-Executive Director of major international public companies. We
are delighted that he has accepted our invitation to join the Burberry board."

 

"I would like to take this opportunity to thank Matthew for his outstanding
service to Burberry.  The Board and I look forward to his continuing counsel
and leadership of the Audit Committee over the coming months"

 

The Company confirms there is no further information to be disclosed pursuant
to LR 9.6.13 in relation to Alan Stewart's appointment.

 

05 August 2022

 

Enquiries

 

 Investors and analysts
 Julian Easthope  VP, Investor Relations  020 3367 4458

                                          Julian.Easthope@burberry.com

 

 Media
 Andrew Roberts  SVP, Corporate Relations and Engagement  020 3367 3764

                                                          Andrew.Roberts@burberry.com (mailto:Andrew.Roberts@burberry.com)

 

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 is listed on the London Stock Exchange (BRBY.L) and is a constituent
of the FTSE 100 index. ADR symbol OTC:BURBY.

BURBERRY, the Equestrian Knight Device, the Burberry Check and the Thomas
Burberry Monogram and Print are trademarks belonging to Burberry.

 

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