Burberry boss Angela Ahrendts has officially become the highest paid chief executive in Britain.
According to pay consultancy MM&K, the American was paid £16.9m last year, almost £5m more than the UK’s second most-paid CEO.
The 53-year-old from Indiana is one of the only three women to appear on the latest FTSE 100 list, is the first time a women has been named the most paid CEO in Britain.
According to the Guardian, Ahrendts’ earned a £990,000 salary and a £2m bonus last year. Burberry also paid £255,000 into her pension along and gave her a “cash allowance” of £387,000.
Speaking about the news, Frances O’Grady, general secretary of the TUC, said, “It would be wrong to interpret a female topping the CEO pay list as some sort of breakthrough for women’s equality. The majority of Britain’s boardrooms and senior positions remain closed to women.”
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