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Tuesday, 15 October 2013

Apple has hired the CEO of Fashion brand Burberry to lead its retail division:

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Report: Apple has finally found its new retail head. Burberry chief executive Angela Ahrendts will step in as senior vice president responsible for retail and will report directly to Tim Cook starting in the spring of 2014
The American Business women joined London based Burberry in January 2006 and was previous with fashion brands Liz Claiborne and Donna Karan.
CNN reported that she was the highest paid female CEO in the UK in 2012, thanks to a total compensation package of ($26.3 million) for the year.
53-year old Ahrendts is the new candidate. She has headed luxury fashion brand Burberry since 2006, and prior to that has 8 year tenure as executive vice president for Liz Claiborne.
The Burberry chief executive pay for 2012 amounted to over $27 million so that chances are Apple stepped in the solid offer in that ballpark.
A message from Apple CEO Tim Cook:
“:I am thrilled that Angela will be joining our team, she shares our values and our focus on innovation, and she places the same strong emphasis as we do on the customer experience. She has shown herself to be an extraordinary leader throughout her career and has a proven track record”

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