Billionaire stock value loss and fear of a potential takeover for CEO-less Burberry ANALYSIS The abrupt departure of Marco Gobetti from the helm at Burberry has left the luxury group facing a circa one billion pounds worth of wind-out market value and the fear of a potential takeover. The FTSE 100 closed lower on Monday dragged by Burberry, which slipped to the bottom of the Londons benchmark index after the resignation of its chief executive officer, Marco Gobetti. In fact, Burberry shares tumbled 8.1 percent after the luxury group said its CEO would step down at the end of the year. As a result, Burberry lost nearly one billion of its stocks value yesterday. Is there a potential takeover in Burberrys books? This is a negative for Burberry and a source of uncertainty until we get clarity on the new CEO, Citi analysts said commenting on Gobettis departure news. Market experts also highlighted potential uncertainty over creative director Riccardo Tisci, who had followed Gobbetti to Burberry. The already fragmented ownership of the company makes it more vulnerable to a potential takeover, adding to the concerns raised over weak leadership.