Apple to pay ex-Burberry boss Ahrendts 68m dollar 'golden hello'

6th May 2014 14:48

The former chief of luxury fashion house Burberry is to get a 68.1m dollars 'golden hello' in her new job as the retail boss of Apple. Angela Ahrendts, who joined Apple last week, will receive 113,334 restricted stock units spread across several different vesting periods between June 1st this year and June 2018.Ahrendts will oversee Apple's 423 shops, which employ about 42,400 people and online staff.She is widely credited with kick-starting Burberry's business, doubling its sales and boosting its shares with a focus on online, revamped ranges and new products such as Burberry Brit fragrances.PW

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