Burberry loses its CEO to Apple

|About: Burberry Group Plc ADR (BURBY)|By:, SA News Editor

Burberry (BURBY) CEO Angela Anrendts has resigned her post at the retailer to become a senior VP of retail at Apple.

The position at Apple is the one that was once held by Ron Johnson of JCP fame.

Christopher Bailey will succeed Anrendts as CEO at Burberry.