Burberry CEO Marco Gobbetti will leave the British luxury house in late 2021, after nearly five years helming the brand. The CEO is considered to be major success at turning Burberry’s financial and business fortunes in a positive-direction.

Gobbetti assumed the top executive position at Burberry back in 2017 from his predecessor Christopher Bailey, who was Burberry’s CEO and chief creative officer. In 2018, with Bailey’s total departure, Gobbetti recruited current Burberry Chief Creative Officer Riccardo Tisci to the company.