Burberry to name new chairman

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

Burberry (OTCPK:BURBY, OTCPK:BBRYF) is poised to name former Kingfisher CEO Gerry Murphy as its next chairman to replace Sir John Peace, according to City A.M.

The change at the top of the board is just the latest development in a massive shakeup at the retailer.

Shares of Burberry are up 1% in London trading.

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