
Apple’s Head of Retail and Online, Angela Ahrendts, was paid nine times more than the tech giant’s CEO, Tim Cook.
The former Burberry CEO was paid $82.6million, $10million more than previously thought, with her package including a signing-on bonus as well as a ‘make-whole’ grant to compensate for awards she would have received at the UK fashion label. Comparatively, Cook was awarded $9.2million last year.
A January filing to the Securities and Exchange Commission said that she was handed $73.3million, with Apple saying her appointment was an “extraordinary additions to the company’s executive team with the experience and ability to lead both the retail and online businesses.”
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