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Yeah, it's also interesting that she is effectively taking a demotion, from CEO to "senior vp". Burberry is a prestigious brand, and I'm very curious what facto
by dajohnson89 13y ago
Yeah, it's also interesting that she is effectively taking a demotion, from CEO to "senior vp". Burberry is a prestigious brand, and I'm very curious what factors led to her decision.
- TheBiv 13y agoFor sure! It's like a head coach of a small school going to be a co-offensive coordinator at a major school: like Texas A&M :) (shameless former student analogy)
- sksksk 13y agoWhilst being the CEO of a FTSE 100 company is very impressive, Angela is going to head up the retail division of the world's largest company. I'd take a guess that if Apple Retail was a separate company from Apple, it'd still be worth more than the whole of Burberry.
- seferphier 13y agoI agree. But this isn't about how much money the company is worth but the amount of control she has. As seen before, most people don't get to sit on the Head of Retail chair for a long time and can be removed by Tim Cook at any time. Angela could have stayed as CEO for at least one more decade. I assume that they are compensating her heavily for his move.