Burberry boss could earn up to £12.2m this year under new bonus scheme

Joshua Schulman, who was hired to help revive brand, paid £4m in year to March including bonus and relocation support

Business live – latest updates

The boss of Burberry could earn up to £12.2m this year after the luxury British brand introduced a new bonus scheme.

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.