Dame Angela Jean Ahrendts,DBE (born 7 June 1960)[2] is an American-British businesswoman who was previously thesenior vice president of retail atApple Inc. She was theCEO ofBurberry from 2006 to 2014.[3] She left Burberry to join Apple in 2014.[4] She was ranked 25th inForbes' 2015 list of the most powerful women in the world,[5] 9th most powerful woman in the U.K. in theBBC Radio 4 Woman's Hour 100 Power List,[6] and 29th inFortune's 2014 list of the world's most powerful women in business.[7] She was also a member of the UK's Prime Minister's business advisory council until it was disbanded in 2016.[8][9]
Ahrendts was born and raised inNew Palestine, Indiana, the third of six children.[1] Her father, Richard Ahrendts, was a businessman, and her mother, Jean, was a homemaker.[10]
Ahrendts moved toNew York City to work in the fashion industry.[1] After a series of positions including merchandising atbra makerWarnaco,[1] she joinedDonna Karan International in 1989, working to develop the luxury brand internationally through both wholesale and licensing.[12] In 1996, she was hired atHenri Bendel byLeslie Wexner to expand Bendel stores to 50 new markets, but the project was cancelled by the board of directors two years later.[1]
In 1998, she joinedFifth & Pacific Companies as vice president of corporate merchandising and design. In 2001, she was promoted to senior vice president of corporate merchandising and group president, responsible for the merchandising of the group's 20 plus brands including Laundry by Shelli Segal, Lucky Brand Dungarees and the men's retail business ofLiz Claiborne Inc. In 2002, she was promoted again to serve as executive vice president, with full responsibility for the complete line of Liz Claiborne products, services and development across both women's and men's lines.[12]
Ahrendts joined Burberry in January 2006, and took up the position of CEO on July 1, 2006, replacingRose Marie Bravo. She mitigated the brand's decline in prestige by immediately limiting the number of clothing and accessories carrying the Burberry check pattern to 10%, minimizing the damage ubiquitous counterfeits had caused to sales. She also oversaw the buying back of the brand's fragrance and beauty product licenses and the buying out of theSpanish franchise which was then generating 20% of group revenues to stop its unfettered licensing.[13][1] She stated that she did not model her approach after any other fashion house, but looked to world-class design as an influence, includingApple Inc.[1] The company value rose during her tenure from £2 billion to over £7 billion.[1]CNN Money reported that during 2012, she was the highest-paid CEO in the U.K., making $26.3 million.[14]
On 15 October 2013, it was announced that Ahrendts would leave Burberry in Spring 2014 to joinApple Inc. as a member of its executive team as senior vice president of retail and online stores, filling the spot vacated byJohn Browett in October 2012. On 1 May 2014, she was placed on the Apple Leadership roster.[15][16]
According to Apple's 2015 proxy statement filed with theSecurities and Exchange Commission,[17] Ahrendts earned over $70 million in 2014, more than any other executive at Apple, including CEOTim Cook. As of August 2016, she is reported to own approximately US$11 million worth of Apple shares.[18]
On 5 February 2019, Apple announced that she would leave the company in April[19] to be replaced byDeirdre O'Brien.
Ahrendts met her husband, Gregg Couch, while they were inelementary school, and they were high school sweethearts. The couple has three children.[33] When she was working atBurberry, the family lived in a 12,000 square feet (1,100 m2) home on an 8 acres (3.2 ha) plot west ofLondon.[1] Brought up aMethodist, she is still an activeChristian.[1]
