Burberry chief in line for pounds 10m.BURBERRY chief executive Rose Marie This article is about the actress. For other persons of the same name, see Rose Marie (disambiguation).Rose Marie (born August 15, 1923) is an actress who had a career as a child star under the name Baby Rose Marie Bravo is expected to pick up pounds 10 million worth of shares when the fashion house floats on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. next month. Full details of Ms Bravo's remuneration package are expected to be included in the Burberry prospectus published today. It is thought that in addition to the shares, the 51-year-old New Yorker will also receive an annual salary of around pounds 1 million. Ms Bravo is widely credited with turning Burberry around. When she took over as chief executive five years ago the business was worth around pounds 200 million. Now analysts estimate its value is between pounds 1 billion and pounds 1.4 billion. It is expected that parent company GUS GUS Gemeinschaft Unabhängiger Staaten (German: CIS) GUS Gravis Ultrasound GUS Great Universal Stores GUS Grown Up Soda GUS Giornalisti Uffici Stampa (Italian) GUS Guide to the Use of Standards , which also owns catalogue shop Argos, will sell a 25pc stake in the business to institutional investors through the flotation. Commenting on reports that Ms Bravo could be in line for up to pounds 10 million worth of shares, a spokeswoman said: ``It's just speculation and we can't comment, but details will be in the prospectus tomorrow.'' |
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