Apple's newly-recruited head of retail was paid more than $70 million in her first year with the company - $60 million more than CEO Tim Cook. Angela Ahrendts, 54, was poached by the tech firm in May after eight years as Burberry's CEO, where she was the UK's highest-paid CEO with $26.3 million. With a transition package worth $73.4 million in stock awards for 2014, she is now the highest-paid Apple executive. Big bucks: Former Burberry CEO Angela Ahrendts received $70 million in her first year as Apple's head of retail . Ahrendts, the firm's only female executive, was brought over to oversee the expansion of Apple's online and retail stores, with a view to expanding in China. As one of the most influential voices in the fashion world, she was also seen as a valuable addition to the team developing the highly-anticipated iWatch. In an SEC filing, Apple explained Ahrendts' paycheck by stressing her 'experience' and 'ability'. 'The recruitment of Ms Ahrendts provided an extraordinary addition to the Company's executive team with the experience and ability to lead both the retail and online businesses,' Apple wrote. 'In determining her transition package, the Compensation Committee considered Ms Ahrendts' compensation arrangement at Burberry and the amounts that she was expected to receive in future years. Movement: Ahrendts, the firm's only female executive, was brought on to oversee Apple's expansion in China . More than the CEO: Tim Cook, Apple chief executive, received $60 million less than Ahrendts in shares in 2014 . 'At the time, Ms Ahrendts was among the highest paid executives in the U.K. and held unvested Burberry equity awards with a value of approximately $37 million.' Though most of the $73.4 million was earned in shares, Ahrendts' basic salary is $440,000. Tim Cook received $9.2 million in shares in 2014, while his salary increased 43 per cent, from $1.4 million to $2 million. Tim Cook, CEO - $1,748,462 salary, $9.2m with shares . Luca Maestri, SVP and CFO - $717,211 salary, $14m with shares . Peter Oppenheimer, former SVP - $947,596 salary, $4.5m with shares . Angela Ahrendts, SVP of retail - $411,538 salary, $73.3m with shares . Eddy Cue, SVP of internet software - $947,596 salary, $24.4m with shares . Jeff Williams, SVP of operations - $947,596 salary, $24.4m with shares .
Angela Ahrendts was the UK's highest-paid CEO as head of Burberry .
She left the $26m job last year to become Apple's head of retail .
Ahrendts earned $73.4m in shares during first year, her salary is $440,000 .
CEO Tim Cook earned $9.2m in shares, his salary rose from $1.4m to $2m .
She is Apple's only female executive .
Apple's newly-recruited head of retail was paid more than $70 million in her first year with the company - $60 million more than CEO Tim Cook. Angela Ahrendts, 54, was poached by the tech firm in May after eight years as Burberry's CEO, where she was the UK's highest-paid CEO with $26.3 million. With a transition package worth $73.4 million in stock awards for 2014, she is now the highest-paid Apple executive. Big bucks: Former Burberry CEO Angela Ahrendts received $70 million in her first year as Apple's head of retail . Ahrendts, the firm's only female executive, was brought over to oversee the expansion of Apple's online and retail stores, with a view to expanding in China. As one of the most influential voices in the fashion world, she was also seen as a valuable addition to the team developing the highly-anticipated iWatch. In an SEC filing, Apple explained Ahrendts' paycheck by stressing her 'experience' and 'ability'. 'The recruitment of Ms Ahrendts provided an extraordinary addition to the Company's executive team with the experience and ability to lead both the retail and online businesses,' Apple wrote. 'In determining her transition package, the Compensation Committee considered Ms Ahrendts' compensation arrangement at Burberry and the amounts that she was expected to receive in future years. Movement: Ahrendts, the firm's only female executive, was brought on to oversee Apple's expansion in China . More than the CEO: Tim Cook, Apple chief executive, received $60 million less than Ahrendts in shares in 2014 . 'At the time, Ms Ahrendts was among the highest paid executives in the U.K. and held unvested Burberry equity awards with a value of approximately $37 million.' Though most of the $73.4 million was earned in shares, Ahrendts' basic salary is $440,000. Tim Cook received $9.2 million in shares in 2014, while his salary increased 43 per cent, from $1.4 million to $2 million. Tim Cook, CEO - $1,748,462 salary, $9.2m with shares . Luca Maestri, SVP and CFO - $717,211 salary, $14m with shares . Peter Oppenheimer, former SVP - $947,596 salary, $4.5m with shares . Angela Ahrendts, SVP of retail - $411,538 salary, $73.3m with shares . Eddy Cue, SVP of internet software - $947,596 salary, $24.4m with shares . Jeff Williams, SVP of operations - $947,596 salary, $24.4m with shares .
she was the UK's highest-paid CEO with $26.3 Burberry CEO Angela Ahrendts received $70 million in her first year as Apple's head of retail . Ahrendts, the firm's only female executive, was basic salary is $440,000. Tim Cook received $9.2 million in shares in 2014, while his salary