Burberry boss could earn up to £12.2m under new bonus scheme as company rolls back climate goals

Company, which paid boss Joshua Schulman £4m in year to March, becomes latest to extend deadline to become carbon neutralBusiness live – latest updatesThe boss of Burberry could earn up to £12.2m after the luxury British brand introduced a new bonus scheme, while its annual report also revealed the company has scaled back its climate ambitions.Joshua Schulman, a former chief executive of the US fashion brand Coach who was hired in July 2024 to help revive Burberry, was paid £4m in the year to March, up from £2.5m for his first nine months in the job. Continue reading...