Marco Gobbetti Named CEO at Burberry; Christopher Bailey to Become President | Breaking News, News & Analysis | BoF

British luxury brand Burberry has announced that chief creative officer Christopher Bailey has been appointed its president, handing over the title of chief executive to Céline’s Marco Gobbetti, as part of an ongoing business review.

Bailey, who was appointed CEO in October 2013 in addition to his duties as chief creative officer, will take on the newly created role of president and oversee all elements of brand and design, working in partnership with Gobbetti, who will join the company next year.