Apple supports awarded its new retail primary Angela Ahrendts stock compensation actually worth about $68 million, persevering with the iPhone maker's practice of wonderful pay for executives.
The California-based business enterprise} said in a filing yesterday in which it Ms Ahrendts will get 113, 334 restricted shares that will vest using the next four years.
Based on Apple's closing price of $600. 96, one of the shares would be worth about $68. 1 million.
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Apple supports long paid executives handsomely to grasp them.
Four of the six top-paid technology executives worked at the business enterprise}, according to 2013 proxy data researched by compensation- research firm Equilar in February.
They include Piece of fruit general counsel Bruce Sewell and in addition operations executive Jeffrey Williams.
Microsoft Ahrendts, formerly chief executive officer of Burberry check scarf, was named in October to acquire Apple's retail business, which includes above and beyond 400 shops and the company's websites.
She started recently and will are accountable to CEO Tim Cook.
She's really the only woman among Apple's 10-member state team.
At Burberry, Ms Ahrendts more than doubled sales since 06\. She also rejuvenated the brand by rising in China, as well as embracing another and social media.
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