Bloomberg

(Bloomberg) -- Burberry Group Plc said Chief Operating Officer John Smith is resigning after seven years at the company.

Smith is leaving to pursue new interests and will step down from the board by summer next year, Burberry said in a statement Friday.

Smith said in the statement he’s exploring several leadership positions in fast-growing international businesses.

To contact the reporters on this story: Andrew Roberts in Paris at aroberts36@bloomberg.net, Thomas Mulier in Geneva at tmulier@bloomberg.net. To contact the editors responsible for this story: Matthew Boyle at mboyle20@bloomberg.net, Thomas Mulier, Kim McLaughlin

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