Apple head of retail to make $10M in June

Angela Ahrendts, Apple's new head of retail and the former CEO of Burberry, is on course to bring home nearly $10 million after just a month on the job.

Ahrendts is slated to receive just over 113,000 Apple shares - worth $68 million - over the next four years, according to a filing with the Securities and Exchange Commission. The majority of those stock options do not carry specific performance triggers, and the first batch of shares - worth $9.8 million - will be paid out on June 1, according to a CNNMoney report.

Ahrendts joined Apple May 1 and reports directly to CEO Tim Cook.

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