// Burberry welcomes former Tesco chief financial officer Alan Stewart to its board as a non-executive director
// Stewart has held leadership roles at the likes of Marks & Spencer, WHSmith and Thomas Cook Holdings
Burberry has appointed former Tesco chief financial officer Alan Stewart to its board as a non-executive director, effective from September 1.
It comes as Matthew Key is set to retire from his position on the board as a non-exec director after nine years with the luxury fashion retailer.
Stewart held the chief financial officer position at Tesco from 2014 to 2021 and prior to that worked in the same role at Marks & Spencer.
Earlier in his career, he was also group finance director of WHSmith and chief executive and chief financial officer of Thomas Cook Holdings.
Burberry chair Gerry Murphy said: “Alan is a highly experienced chief financial officer and non-executive director of major international public companies. We are delighted that he has accepted our invitation to join the Burberry board.”
The company has also announced that Matthew Key will be retiring as a non-executive director at its AGM in July 2023 following nine years of service.
Murphy added: “I would like to take this opportunity to thank Matthew for his outstanding service to Burberry. The board and I look forward to his continuing counsel and leadership of the audit committee over the coming months.”