Former Kingfisher chief executive and Tate and Lyle chair Dr Gerry Murphy has been named as the new chairman of iconic fashion brand Burberry.
Dr Murphy will take over from Sir John Peace, who is stepping down after being in the role for 16 years, as of 17 May.
He is an experienced chair and senior board member, having served as non-executive director of companies including British American Tobacco plc, Merlin Entertainments plc and Reckitt Benckiser plc.
He is currently chairman of Tate and Lyle plc and of The Blackstone Group International Partners LLP, Blackstone’s principal European entity.
Before joining Blackstone as a senior managing director in its private equity group, he served as CEO of Kingfisher plc, Carlton Communications, Exel plc and Greencore Group plc.
Murphy said: “I am honoured to take up this role and to succeed Sir John as chairman. Burberry is a unique British brand that I have admired for a long time and I am looking forward to working with Marco Gobbetti and the Board to guide the company through its next phase of growth.”
Sir John Peace added: "I would like to thank current and past board members for their partnership over the past 16 years and Jeremy Darroch for leading the process to find Burberry’s next chairman.
“In Gerry Murphy, we have found a superb candidate with extensive experience in the consumer and retail industries. I am confident he is the right choice to lead the board as Burberry embarks on a new chapter.”
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