Here are just a few of the interesting executive changes making headlines over this past week:
Burberry Picks Marco Gobbetti off LVMH Branch Céline
Luxury clothing brand Burberry Group is demoting controversial CEO, president, and chief creative officer Christopher Bailey after two years of continuing sales declines. Bailey is losing his CEO title, with the company citing the difficulty of capably fulfilling multiple roles at a corporation of Burberry’s size. Burberry is hiring Céline CEO and chairman Marco Gobbetti as its new CEO, starting next year. In addition, the company has hired a new CFO, Julie Brown, as a replacement for the departing Carol Fairweather.
Osborne to Count Shares of Domino’s Pie
#2 pizza chain Domino’s is hiring a new CFO and executive director. The company announced the appointment of Rachel Osborne on July 11th; she will begin work in mid-October. Osborne is currently with Vodafone Group PLC as its finance director for group commercial and enterprise. Domino’s current EVP and CFO, Jeffrey Lawrence, was promoted in July 2015 to replace Michael Lawton, who retired after 16 years of service with the company and five years as CFO.
Campbell Becomes Equinix Sales Chief
Data and network hosting company Equinix has appointed a new chief sales officer. Mike Campbell has been with Equinix since 2015, where he began as SVP of sales. Before coming to Equinix, Campbell had acquired more than 30 years of management experience at companies like Symantec, CompuServe, Guardant, and Akami. He will oversee global solutions architects, business development, and professional services teams in addition to his sales management responsibilities.
Look for more Executives on the Move next week!