Angela Ahrendts best paidd CEO of Great Britain

Angela Ahrendts best paidd CEO of Great Britain

British luxury brand Burberry is flourishing and so is its CEO, the American Angela Ahrendts. She was just named the best paid CEO of Great Britain and that is a first: never before was a woman at the top of the list.

Almost 20 million euro

In 2012 Angela Ahrendts (53), head of Burberry since 2006, earned 16.9 million pound, about 20 million euro. That was almost 6 million euro more than the number two on the list, government group Manifest and consultancy bureau MM&K found out as they did the math on the wages of 350 British top managers. It is the first time a woman has been named best paid CEO of Great Britain.

 

It was Ahrendts who revived the British icon for a massive comeback: she made Burberry connect to the digital world and social media and launched a line of accessories as well as make-up. According to Burberry Ahrendts has caused “record sales and profit” and the share of the company rose by 186% over the past five years. Despite a profit warning last year Burberry performed strongly in 2012.

 

Number two on the list, behind Ahrendts, is the former CEO of Shire Pharmaceuticals, Angus Russell. The bronze medal was shared between two CEO’s: Graham Mackay of SABMiller and Paul Walsh of Diageo.

Questions or comments? Please feel free to contact the editors


Cash register-free Amazon supermarket still not open

23/06/2017

Amazon’s cash register-free supermarket, Amazon Go, still has not opened to the general public and now one of its directors will leave Amazon.

Danone streamlines its European organization

23/06/2017

Dairy manufacturer Danone is to optimize its European organization: Belgium, the Netherlands, the United Kingdom and Ireland are to form one cluster. Kris Geeraert, general manager Benelux, will leave the company.

Diageo buys George Clooney's tequila brand for 620 million euro

22/06/2017

British liquor group Diageo has paid 700 million dollars (about 620 million euro) for George Clooney’s premium tequila brand Casamigos and that could rise to 1 billion dollars.

AB InBev wants to sell two German beer brands

21/06/2017

AB InBev is looking for a buyer for its German beer brands Hasseröder and Diebels. The Belgian beer giant hopes to attract about 200 million euro for both brands.

Colruyt Group turnover grows more than 3 %

20/06/2017

Colruyt Group has seen its turnover grow 3.4 % to 9.493 billion euro in its fiscal year 2016/2017. Thanks to the sale of its French food service business Pro à Pro on 1 February, profits also grew.

Hungary can ban Heineken’s red star

20/06/2017

The European Commission revealed it will not stand in Hungary’s way if it wants to ban certain symbols, including the red star in Heineken’s logo.

Back to top