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Stewart is a non-executive director on the boards of Diageo and Reckitt Benckiser group where he chairs the audit committee and the remuneration committee respectively. He was previously a non-executive director and audit committee chair of Games Workshop group, from 1996 to 2009, Burberry said in a media statement.
UK’s Burberry has appointed Alan Stewart to the board as a non-executive director and member of the audit and nomination committees, with effect from September 1, 2022. The company also announced that Matthew Key will be retiring as a non-executive director at the annual general meeting in July 2023, following completion of nine years of service.
In his executive career, Stewart was chief financial officer of Tesco from 2014 to 2021, where he played an instrumental role in the financial transformation of the business. From 2010 to 2014, Stewart was chief financial officer of Marks & Spencer, prior to which he also served as chief financial officer of AWAS, group finance director of WH Smith and CEO and CFO of Thomas Cook Holdings. He is a chartered accountant having qualified with Deloitte.
“Stewart 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. I would like to take this opportunity to thank Key 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,” Gerry Murphy, chair, said.
Fibre2Fashion News Desk (GK)
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