Burberry names Bailey CEO as Ahrendts leaves for Apple

Reuters

LONDON, Oct 15 (Reuters) - Burberry Group said itschief creative officer Christopher Bailey would become its chiefexecutive, following the departure of its long-standing chiefAngela Ahrendts to Apple.

The company said that Ahrendts would step down by mid-2014after which Bailey would be appointed to the dual role. He willalso be joining the board in due course, the company said.

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