Burberry appoints McLaren's Kate Ferry as CFO
By Michele Maatouk
Date: Wednesday 15 Mar 2023
(Sharecast News) - Luxury fashion brand Burberry has announced the appointment of Kate Ferry as chief financial officer and executive director.
Ferry, who succeeds Julie Brown, will join the company by early September at the latest. She will have responsibility for finance and business services functions and will become a member of the board and Executive Committee, reporting to chief executive Jonathan Akeroyd.
Ferry is currently CFO of McLaren Group, where she has overseen financial strategy and investor relations and has supported the broader strategic development of the company over the past two years. Prior to McLaren, she was group CFO of TalkTalk Telecom from 2017 to 2021.
Burberry had already announced that Julie Brown would leave on 1 April after more than six years with the company. Ian Brimicombe, currently SVP, Specialist Finance and Projects at Burberry, has been appointed interim CFO from 2 April and will join the Executive Committee from that date.
Akeroyd said: "I am very pleased to announce Kate's appointment as chief financial officer. Kate has extensive experience of public markets, business transformation and development and an excellent understanding of the luxury industry.
"She is a strong addition to our leadership team and I am excited about her joining to support this next phase of Burberry's development."
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