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Burberry chief turns 1st woman in UK top pay list

Angela Ahrendts, the 53-year-old Indiana native who transformed the venerable maker of trenchcoats into the 6.3-billion-pound fashion powerhouse Burberry, has become the first female to rise to the top of Britain’s executive pay league.

business Updated: Jun 10, 2013 21:48 IST

Angela Ahrendts, the 53-year-old Indiana native who transformed the venerable maker of trenchcoats into the 6.3-billion-pound fashion powerhouse Burberry, has become the first female to rise to the top of Britain’s executive pay league.

She took home a total pay package of £16.9 million last year, almost £5 million more than the next highest paid chief executive, according to a survey of bosses at Britain’s top 350 n listed companies by corporate governance group Manifest and pay consultancy MM&K. It is the first time a woman has ever risen to the top of the executive pay league.

The Guardian

First Published: Jun 10, 2013 21:47 IST