Former Tesco chief financial officer, Alan Stewart has been appointed as a non-executive director to Burberry’s board, beginning his new role from 1 September.
Leaving his position of CFO at the Big 4 grocer after seven years in 2021, Stewart previously held the same position at M&S.
Prior to this, he also worked as WHSmith’s group finance director and Thomas Cook Holdings chief executive and chief financial officer.
Stewart will be taking on his new role as the luxury fashion retailer‘s current non-executive director, Matthew Key will be retiring after nine years with the company.
“Alan 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,” Burberry chair, Gerry Murphy said.
“I would like to take this opportunity to thank Matthew 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.”
This news comes as Tesco’s former CEO, Matt Davies has been named as the new chair of Greggs.