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!