Marco Gobbetti to join Burberry as CEO
Christopher Bailey will take on the new role of President and Chief Creative Officer overseeing all elements of brand and design working in partnership with the new Chief Executive Officer on company strategy and culture.
Marco Gobbetti has been appointed Chief Executive Officer and will be responsible for all commercial, operational and financial elements of the business.
Mr. Gobbetti will join the Board upon arrival from a date in 2017 as soon as he is contractually able to do so.
Mr. Bailey will transition to his new role at that time and will remain on the Board.
Mr. Gobbetti is currently Chairman and CEO of French luxury brand, Céline. This is a position he has held since 2008. Mr. Bailey has extensive international luxury sector experience.
Prior to joining Céline, he was the Chairman and CEO of Givenchy between 2004 and 2008. Before this he was CEO of Moschino.
From 1984 to 1989, he worked with Bottega Veneta as Sales Director for the United States and subsequently as Marketing & Sales Director, prior to joining the Valextra brand as Managing Director.
Mr. Gobbetti holds a degree in Business Administration from the American University in Washington and a Masters in International Management from the American Graduate School of International Management in Phoenix, Arizona.