Apple’s Angela Ahrendts Earned more than CEO Tim cook In 2014

you know you’re doing one thing right while you subscribe to Apple and straight away find yourself out-earning CEO Tim cook dinner. That’s the position former Burberry CEO and Apple’s present senior vice president of retail and online retailers Angela Ahrendts finds herself in after becoming a member of the Cupertino tech company again in could 2014.

in keeping with a filing with the Securities and exchange commission, Ahrendts cemented her position as one of the crucial highly effective ladies in high tech by taking dwelling $seventy three million in 2014: significantly greater than her boss, Tim cook. Apple’s CEO, in contrast, earned simply (!) $9.2 million all over the same period of time—which used to be double what he had made the earlier year, thanks essentially to the giant success of the iPhone 6 and 6 Plus.

the rationale for Ahrendts’s 2014 windfall mainly came down to rewarding inventory choices, which she acquired as part of her Apple signing, each as a hiring bonus and likewise to atone for inventory options she misplaced when leaving Burberry.

Ahrendts’ take-home pay is undoubtedly spectacular, however even that pales when put next subsequent to the true best earners at Apple in 2014: Jimmy Iovine and Dr. Dre, courtesy of Apple’s $three billion acquisition of Beats. remarkable by means of his absence on the Securities and alternate fee submitting can be industrial design guru Jony Ive, who without doubt earned a tidy sum, coming off his work on the iPhone 6, Apple Watch, and other gadgets.

you could learn extra about <a class="fc-plugin people-page" href="http://www.fastcompany.com/person/angela-ahrendts" data-id="fastcompanyprevious duvet story, entitled “Can Apple’s Angela Ahrendts Spark a Retail Revolution?”

[by means of ABC news]