Burberry director seeks new horizons
Michael Metcalf to leave fashion retailer
August 5 2003
Burberry has announced that Michael Metcalf, chief operating and financial officer, is to stand down next March.
Metcalf has held his current position at Burberry since August 1998, and has been closely involved in the transformation of the business as well as the luxury brand’s partial flotation from parent company GUS last year.
Burberry chief executive Rose Marie Bravo said: “We will be sorry to see Mike go, but we respect both his decision and the thoughtfulness with which he is orchestrating his departure. In his five-year tenure, Mike has made a very real contribution to Burberry, overseeing significant operational change as well as preparing the Group for last year’s partial IPO.
“On behalf of the board and everyone in the company, I wish to extend our thanks to Mike and wish him every success in the future.”
Metcalf said: “I have had five extremely challenging and enjoyable years at Burberry, and am immensely proud of the progress that has been made by everyone in the company. After careful reflection, I have come to the decision that now is a good time to look for new opportunities outside the group.”
