LONDON — Moncler veteran Stella King has been named independent non-executive director at Burberry, and will become a member of the nomination committee. She will take up her role on April 1.
King is currently an executive at Moncler, which she joined in 2011 as president, Asia-Pacific. In January 2022, she was named chief Chinese business officer and will step down from that role on Dec. 31.
She also served as a nonexecutive director of the Moncler Group subsidiary Stone Island between March 2021 and April 2024. Earlier in her career, King held the role of president, Asia-Pacific for the Italian footwear brand Sergio Rossi, and also held various managerial positions at Lane Crawford in mainland China.
Burberry chair Gerry Murphy said King “has impressive and deep understanding of the luxury market and consumers in the Asia-Pacific region. Her insight and expertise will be a great asset to Burberry, and we are delighted that she has accepted our invitation to join the Burberry board.”
While Burberry’s board is brimming with accomplished business leaders, it is light on fashion and luxury retail executives. Murphy revealed earlier this year that Burberry had originally pursued Joshua Schulman for a board role before eventually naming him chief executive officer of the British brand.
Schulman also has a longstanding relationship with Moncler and its CEO Remo Ruffini.
In an interview earlier this month, Ruffini told WWD he thinks Schulman “is doing a wonderful job. He had no alternative but to take [Burberry] back to its roots, reset and take the next step.”
In its statement on Wednesday, Burberry added that two nonexecutive directors, Fabiola Arredondo and Antoine de Saint-Affrique, plan to retire following the upcoming annual general meeting in July.
Arredondo has served as a member of the remuneration and nomination committees since her appointment in 2015. She is a former chair of the remuneration committee and has also served as a member of the audit committee.
De Saint-Affrique joined the board in January, 2021 and has been a member of the aIditarod and nomination committees. Both will continue to serve as committee members until their retirement.
Murphy said the board “has benefited greatly from their extensive knowledge and experience throughout their tenures, and I wish them both every success in their future endeavors.”
