Former Burberry CEO Angela Ahrendts — who joined Apple as retail chief in May — received a compensation package of $73.4 million in 2014, according to regulatory filings released Thursday.
The package is the highest any Apple executive earned, according to the U.S. Securities and Exchange Commission — far above the next highest-paid Apple executive, media boss Eddy Cue, who earned $48.9 million.
For Ahrendts, the money pit is even bigger when you take into account what she earned in the U.K. while still at Burberry: by the time she exited Burberry, she had unvested stock awards worth near $37 million and a mix of cash and perquisites pushing over $5 million.
Since starting with Apple in May, she’s earned nearly $70 million in stock grants from the company and $37 million to compensate for the value of her Burberry stock that she walked away from upon joining Apple.
Apple CEO Tim Cook made $9.2 million for fiscal 2014, more than double the $4.2 million value of his overall compensation in 2013.