Burberry CFO Julie Brown to step down next year

Luxury fashion brand Burberry said on Friday that Julie Brown plans to step down as chief operating and financial officer in April 2023 after six years.

Brown is leaving the company to take up an opportunity outside of the luxury industry. The process to identify her successor is underway and further updates will be announced in due course, Burberry said.

Chair Gerry Murphy said: "On behalf of the board, I would like to thank Julie for her very significant contribution to Burberry's transformation, including her central role in delivering our sustainability ambitions. Julie has built a strong financial base for the next chapter of Burberry's growth under Jonathan's leadership."

At 1035 BST, the shares were down 3.9% at 1,651p.