Role and Responsibilities of the Chief Executive Officer
This document sets out the role and responsibilities of the Chief Executive Officer of Burberry Group
plc (the Group).
Role
The Chief Executive Officer (CEO) reports to the Chair and the Board and is responsible for leading the
day to day operation of the Groups business within the authority delegated by the Board.
Principle Duties And Responsibilities
- Business strategy and management
- Developing the Groups strategy and objectives whilst having regard to the Groups
responsibilities to its shareholders and wider stakeholders including, customers, employees and
suppliers.
- Ensuring effective implementation of Board decisions and the successful execution of strategy
following approval by the Board.
- Regularly reviewing the operational performance and strategic direction of the Groups business.
- Recommending to the Board an annual budget and a financial plan and ensuring their
implementation following Board approval.
- Optimizing, as far as is reasonably possible, the use and adequacy of the Groups resources.
- Together with the Chair, providing coherent leadership of the Group, including, representing the
Group to employees, customers, suppliers, governments, shareholders, financial institutions, the
media, the community and the public.
- Ensuring the long-term sustainability of the business.
- Ensuring all Group policies and procedures are followed and confirm to the highest standards.
- Investment and financing
- Approving and executing acquisitions and divestment for recommendation to the Board in line
with the authority delegated by the Board.
- Risk management and controls
- Managing the Groups risk profile in line with the extent and categories of risk identified as
acceptable by the Board.
- Ensuring appropriate internal controls are in place.
- Board committees
- Making recommendations on remuneration policy and terms of employment of the senior
executive team, including the Company Secretary to the Remuneration Committee.
- Making recommendations to the Nomination Committee on the role and capabilities required in
respect of the appointment of executive Directors.
- Communication
- Keeping the Chair informed on all important matters.
- Ensuring the Board receives accurate, timely and clear information to enable it to discharge its
duties.
- Ensuring the Board are kept informed of key business issues including any forthcoming, complex,
contentious or sensitive issues affecting the Group, for example any divergence of views within
senior management.
- Ensuring the Board is aware, where appropriate, of the views of the workforce on issues of
relevance to the business.
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