Burberry Appoints McLaren's Kate Ferry as CFO

A model wears a creation for the Burberry Autumn/Winter 2023 fashion collection presented in London, Monday, Feb. 20, 2023. (AP)

British luxury brand Burberry said on Wednesday it had appointed Kate Ferry as its next chief financial officer, succeeding Julie Brown, who is joining GSK.

Ferry, who is currently chief financial officer at Formula One and luxury car firm McLaren Group, will join Burberry by early September at the latest, the company said.

Senior vice president Ian Brimicombe will be interim CFO from April 2, after Brown's departure, until Ferry starts, Burberry said.