Mulberry chairman Godfrey Davis to step down

23rd Aug 2022 07:36

(Sharecast News) - Luxury handbag maker Mulberry said on Tuesday that non-executive chairman Godfrey Davis plans to step down on 30 September.

Andrew Christopher Roberts, currently a non-executive director, will succeed Davis. Mulberry said he has a broad experience of international property markets, the branded luxury hospitality sector and global financial markets and is currently managing director of Como Holdings, a company ultimately owned by Mr Ong Beng Seng and Mrs Christina Ong, who also own Chalice Limited, a 56.2% shareholder in Mulberry.

Chief executive officer Thierry Andretta said: "I would like to thank Godfrey for the outstanding contribution he has made to the group. Over the past 10 years he has provided sound counsel, direction and support to the board of directors and we wish him well for the future.

"I am delighted to welcome Chris to the role of chairman at Mulberry and am looking forward to working more closely with him."

At 0820 BST, the shares were down 4% at 267.50p.