30-05-2025 15:05 via theguardian.com

Burberry pays new boss almost £2.6m in nine months while axing jobs

Joshua Schulman’s pay includes £380,000 in moving costs as ailing brand plans to cut a fifth of its global workforceBusiness live – latest updatesBurberry has paid its new chief executive, Joshua Schulman, almost £2.6m in his first nine months in the job, including £380,000 in house moving costs, as the ailing British brand announced hundreds of job cuts.The company also gave its former boss Jonathan Akeroyd a payoff worth about £1.5m – a year’s no
Read more »