Apple has welcomed its long-awaited new retail chief Angela Ahrendts with a stock grant worth up to $68m.
Ms Ahrendts left her previous role as chief of Burberry, the British luxury group where she was one of the UK’s best-paid executives, to join Apple last week.
Her stock award coincided with Apple’s share price topping $600 for the first time since the end of October 2012, just days before her predecessor John Browett left the company in Apple’s biggest management reshuffle in years.
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