Apple Gives New SVP Retail Angela Ahrendts $68 Million in Restricted Stock Units

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Posted May 6, 2014 at 2:59pm by iClarified

Apple has given its new SVP Retail and Online Stores Angela Ahrendts 113,334 restricted stock units, valued at $68.1 million based on yesterday's closing share price, reports Reuters.

Angela Ahrendts, a senior vice president and the highest-ranking woman executive at the company, will receive the shares spread over several different vesting periods between June 1, 2014 and June 14, 2018. Ahrendts is the first woman to join Apple's executive team in nearly a decade and will take on an expanded role, overseeing its vast network of stores that employs about 42,400 people and online teams.

Ahrendts officially started working at Apple last week and was added to Apple's leadership page on May 2nd.

Apple Gives New SVP Retail Angela Ahrendts $68 Million in Restricted Stock Units

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Fukran John - May 6, 2014 at 4:07pm

Its samsungs money. So they can give whatever they want. Copying products and take patents and then fight with the same company which they copied from and take their hard earned money and pay then pay their staffs. ROFLX

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