Burberry’s CEO becomes First Woman to Top Britain’s Executive Pay list

myretailmedia.com Burberry

With women’s empowerment projects like GUCCI’s Chime for Change at the forefront of the media, the news that for the first time in history, a woman is on the top of Britain’s highest paid executives list is music to the ears. Burberry’s illustrious CEO, Angela Ahrendts’ £16.9 million pay has placed her £5 million ahead of the next on the blue-chip FTSE list, Angus Russell of Shire pharmaceutical company.

Her impressive salary is comprised of bonuses, benefits, sale of bonus shares and a rather enviable clothing allowance. This is partially explained by the mere £11.9 million worth of shares awarded under bonus plans which she sold.

Before earning her Burberry post, Ahrendts was the vice-president at Lis Claiborne and president of Donna Karan International. The American native moved across the pond in 2006 to the £6,3 billion fashion powerhouse.

While there are only two other women on the blue-chip FTSE 100 list, this is certainly a step forward for women’s empowerment!

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