News

Apple’s retail leader took home nearly $26M in 2015

Leaving Burberry is proving to be a lucrative career move for Apple’s retail segment chief given compensation hit $25.8 million in 2015.

January 7, 2016

Angela Ahrendts, Apple senior VP of retail and lead executive on store design and strategy, took home $25.8 million in 2015, making her the highest paid company leader for the year.

The former Burberry executive even beat out Apple CEO Tim Cook when it came to direct compensation, according to Mac Observer, with Cook earning $10.3 million in total compensation.

The salary insight, as reported in the company’s annual proxy statement, reveals Ahrendts is making more than all other Apple executives given a $1 million base salary, $20 million in stock and $4 million stock incentive. But as Apple Insider reveals the 2015 pay is nowhere near the $73.4 million that Apple paid her in 2014 to leave her retail strategy role at Burberry.