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Ex-Burberry CEO to receive record signing bonus

Angela Ahrendts to receive as much as $67 million to head up retail at Apple

You don’t often hear about luxury fashion companies and high-tech computing and mobile device manufacturers in the same breath, but Apple has decided that success in selling clothing will translate to the ability to move more i-devices. 

At least, that is the message the tech giant is sending in its hiring of Angela Ahrendts. Ahrendts was the chief executive officer of Burberry, a British luxury fashion company, until she was snatched up by the Cupertino-based maker of the iPhone and iPad. Ahrendts will head up the retail arm of the company and stands to make a hefty sum if Apple stock keeps on riding high.

Senior Editor and Community Manager

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Rich Steeves

Richard P. Steeves is Senior Editor and Community Manager of InsideCounsel magazine, where he covers the intellectual property and compliance beats. Rich earned a B.A....

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