Burberry names Bailey CEO after Ahrendts leaves to Apple

theflyonthewall.com

Burberry (BURBY) announces that Angela Ahrendts will step down as CEO by mid-2014 to take up a new position with Apple (AAPL). Christopher Bailey is to be appointed to the position of Chief Creative and CEO. Bailey has been at Burberry since 2001 and Chief Creative Officer for the past six years

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