Burberry CEO leaves for luxury rival Ferragamo Burberry CEO Marco Gobbetti is departing from his role to return to Italy, where he will lead rival luxury goods group Ferragamo, according to a report from Reuters. Gobbetti will stay with Burberry until the end of this year while the company searches for a successor, and to ensure an orderly transition. “[Gobbetti] has had a transformative impact and established a clearly-defined purpose and strategy, an outstanding team and strong brand m
g brand momentum,” said Gerry Murphy, chairman of Burberry.
“The board and I are naturally disappointed by Marco’s decision but we understand and fully respect his desire to return to Italy after nearly 20 years abroad”.
Gobbetti became CEO and joined Burberry’s board in 2017, succeeding Christopher Bailey who left the group the following year. Prior to Burberry, Gobbetti was chief executive of Moschino and Givenchy before holding executive positions at French brand Celine in 2008.
“With Burberry re-energised and firmly set on a path to strong growth, I feel that now is the right time for me to step down,” said Gobbetti. “I would like to thank my colleagues as well as Gerry and the board for their partnership.
“I am fully committed to supporting them through the transition and I have every confidence that the creativity and strong values that define Burberry will continue to drive the company’s future success.”
Collins Foods CEO joins board as managing director
Taco Bell and KFC Australian parent company Collins Foods has just welcomed Collins Foods CEO Drew O’Malley to the Board as managing director.
“Drew has made an outstanding contribution since joining Collins Foods in 2017, particularly over the past year when he has led the business through unprecedented operating conditions. He embraced the CEO role in the depths of the Covid-19 crisis and a year later has delivered a record financial result,” said Collins Food chairman Robert Kaye in a statement.
O’Malley first joined Collins Foods as chief operating officer in 2017. Prior to that, he was chief operating officer at Amrest, a European operator of KFC, Pizza Hut, Starbucks and Burger King franchises. He was also previously managing director at Starbucks.
Williams Sonoma welcomes new SVP
US furniture and homewares giant Williams Sonoma has just welcomed on board Jason Edelman as senior vice president of the Williams Sonoma Home brand. Edelman will begin his role on 1 August.
“Jason’s design aesthetic, industry knowledge and brand-building expertise will be instrumental in continuing the current momentum behind the Williams Sonoma Home brand. We look forward to welcoming Jason back to the Williams Sonoma team and growing the Williams Sonoma Home business with his leadership,” said Ryan Ross, president of both the Williams Sonoma and Williams Sonoma Home brands.
Edelman was previously senior executive at Restoration Hardware and has also worked at home retailers Houzz and Frontgate. Earlier in his career, he also worked in merchandising at Williams Sonoma.
Bike Exchange co-founder rides into new role
Melbourne-based cycling marketplace Bike Exchange co-founder Sam Salter has just taken on the newly created role of chief of sales and partnerships officer at the business. Salter is also a non-executive director of BikeExchange Limited and co-founder of technology platform Marketplacer.
“A deep knowledge of the cycling industry and understanding of marketplaces are essential to this new global role to help us scale the business. We’re fortunate in having all this with Sam leading the sales and partnerships function and it is terrific to welcome Sam onto the Executive team,” Mark Watkin, Global CEO BikeExchange said in a statement.
In February this year, BikeExchange raised $20 million in an IPO. The marketplace first launched in 2007 and now sells more than 600,000 cycling products from over 1500 brands and 1450 retailers. It has a presence in Australia, New Zealand, the US, Canada, Germany, the Netherlands, Belgium and Colombia, and reaches an audience of 29.1 million consumers each year.