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Angela Ahrendts, Apple's head of retail and online, was paid nearly $83 million last year, which is actually much more than Tim Cook's salary, who was awarded $9.2 million last year. Ahrendts is responsible for the operation and expansion of the Apple's retail and online stores, and is also said to stimulate company's growth within China.
Apple's SEC filing says the following regarding her pay:
"In determining her transition package, the Compensation Committee considered Ms Ahrendts’ compensation arrangement at Burberry and the amounts that she was expected to receive in future years,"
"At the time, Ms Ahrendts was among the highest paid executives in the UK and held unvested Burberry equity awards with a value of approximately $37m. She also received cash and perquisites from Burberry that exceeded $5m annually, which was significantly higher than the cash opportunities provided to the Company’s executive officers."
Thus, she became the highest-paid female executive in the U.S. last year, according to data compiled by Bloomberg. She joined the world’s most-valuable company in May 2014 and became the first woman on its management team.
Source: Bloomberg
