(Reuters) – Apple Inc granted its new retail chief 113,334 restricted stock units, the company said in a regulatory filing on Monday, valued at $68.1 million based on Mondays closing share price. Angela Ahrendts, a senior vice president and the highest-ranking woman executive at the company, will receive the shares spread over several different vesting periods between June 1, 2014 and June 14, 2018. Ahrendts is the first woman to join Apples executive team in nearly a decade and will take on an expanded role, overseeing its vast network of stores that employs about 42,400 people and online teams. Apple announced the appointment in October, but Ahrendts only started her job at Apple on May 1.
Comments are closed.
