Burberry has announced that Dr Gerry Murphy has been appointed to replace outgoing chairman Sir John Peace.
Murphy will take up his role as chairman on 17 May, ahead of the firm’s annual shareholder meeting on 12 July.
Dr Gerry Murphy
Peace, who has served as chairman for 16 years, announced his departure in June 2017 with Burberry’s senior independent director Jeremy Darroch leading the search for a successor.
Murphy previously served as non-executive director of companies including British American Tobacco, Merlin Entertainments and Reckitt Benckiser.
He is currently chairman of Tate and Lyle 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, Carlton Communications, Exel and Greencore Group .
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.”