Close ad

Most new employeesancShe is happy to get a work phone, a few business cards with her name on them, and the opportunity to make coffee in the company coffee machine. However, when you become Apple Senior Vice President for Retail and Online Stores Apple Store, you can expect a completely different bonus. Angela Ahrendts, who took this position after leaving the fashion house Burberry, received a bonus worth $68 when she signed a contract with her new employer.

Angela received a block of 113 shares that are restricted for the next four years, meaning she can only sell them after four years. Looking at the average value of the shares, Angela, if the company continues to do as well as it has been, a block of shares worth $334 million. The only condition for Angela to use the shares and sell them after four years is the fact that she does not leave the company for the next four years Apple. The shares will be available for sale on June 14, 6.

Compensation in the form of shares is quite common in the positions Angela holds.ancThey are also motivated to make the company as successful as possible, because then the value of their shares naturally increases and they get more when they subsequently sell them. Apple rewards all its top managers in the same way.

angela ahrendts

*Source: macrumors.com

Today's most read

.