Bravo (pictured), who has made a significant impact in her eight years at the helm of the company, is widely expected to leave when her contract comes up for renewal next July.
Bravo could be in line for a payout of 2.5 million Burberry shares, worth£10.6 million, when she leaves the company. The payout is part of a deferred bonus agreement, agreed when Burberry was partially floated in 2002.
Burberry will demerge from majority shareholder GUS in December, and GUS chief executive John Peace and Bravo are thought to be in the process of discussing her successor.
After her success re-positioning the brand from traditional English to a mainstream global player, it is unlikely that Bravo will sever her ties with the company. It has been reported today that she may remain at the company as life president.
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