KRWG

Burberry CEO To Leave For Job At Apple

Oct 15, 2013
Originally published on October 28, 2013 8:12 am
Copyright 2017 NPR. To see more, visit http://www.npr.org/.

STEVE INSKEEP, HOST:

NPR's business news starts with a fashionable departure.

(SOUNDBITE OF MUSIC)

INSKEEP: The chief executive of Burberry is leaving the historic British fashion house for a job at Apple. Angela Ahrendts will oversee the expansion of Apple retail and online stores. It's a newly created position for Ahrendts, who will report directly to Apple CEO Tim Cook. Since taking over Burberry in 2006, Ahrendts has nearly tripled revenue for the company - known for its distinctive tartan patterns.

Last year, the Indiana native was also the highest paid CEO in Britain. Transcript provided by NPR, Copyright NPR.