Burberry appoints Versace boss as CEO with a £6-mn 'golden hello'

Jonathan Akeroyd oversaw the sale of Versace to US group Michael Kors while Burberry, the 165-year-old group, had been searching for a chief since June

Burberry Group Plc chose Jonathan Akeroyd from Italian fashion house Gianni Versace SpA as its new chief executive officer, tapping a proven turnaround expert to continue the trench coat maker’s push to become a top-tier luxury label.
 

Akeroyd, a 54-year-old Briton who led the revival of Alexander McQueen before taking over at Versace, will join the British brand in April. He’ll replace Marco Gobbetti, who is leaving to run Salvatore Ferragamo SpA.
 

Akeroyd would earn an annual salary of 1.1 million pounds ($1.5 million) plus bonuses, and would be granted cash and share payments worth about 6 million pounds for