June 12, 1960 |
New Palestine, Indiana, USA
|Residence||London, United Kingdom|
|Alma mater||Ball State University|
|Occupation||CEO, Burberry Group|
|Profile for Burberry|
Angela Ahrendts, DBE (born June 12, 1960) is an American businesswoman. She has been the CEO of Burberry since 2006. On October 14, 2013 it was confirmed that she will join Apple Inc in mid-2014 to head its retail. Ahrendts was ranked 53rd in Forbes' 2013 list of the most powerful women in the world.
One of six children, Ahrendts was born and raised in New Palestine, Indiana, a suburb of Indianapolis. She earned an undergraduate degree in Merchandising and Marketing from Ball State University in Muncie, Indiana. In 2010, she received an Honorary Doctor of Humane Letters degree from Ball State.
Leaving Indiana on a one-way ticket the day after her college graduation, she arrived in New York City determined to make it in the fashion industry. After a series of positions including merchandising at bra maker Warnaco, Ahrendts joined Donna Karan International in 1989, working to develop the luxury brand internationally through both wholesale and licensing. In 1996 she was hired at Henri Bendel by Leslie Wexner to expand Bendel stores to 50 new markets, but the project was cancelled by the board of directors two years later.
In 1998, she joined Fifth & Pacific Companies as Vice President of Corporate Merchandising and Design. In 2001, she was promoted to Senior Vice President Corporate Merchandising and Group President, responsible for the merchandising of the groups 20 plus brands including Laundry by Shelli Segal, Lucky Brand Dungarees and the mens retail business of Liz Claiborne Inc. From 2002 she was promoted again to serve as Executive Vice President, with full responsibility for the complete line of Liz Claiborne products, services and development across both womens and mens lines.
Ahrendts joined Burberry in January 2006, and took up the position of CEO on July 1, 2006 replacing Rose Marie Bravo. Ahrendts mitigated the brand's decline in prestige by immediately limiting the number of clothing and accessories carrying the Burberry check pattern to 10%, minimizing the damage ubiquitous counterfeits had caused to sales. She also oversaw the buying out of the Spanish franchise which was then generating 20% of group revenues to stop its unfettered licensing. Ahrendts says she does not model her approach after any other fashion house, but looks to world class design as an influence including Apple Inc.. The company value rose during her tenure from £2 billion to over £7 billion. CNN Money reported that during 2012, she was the highest paid CEO in the UK, making $26.3 million.
Ahrendts met her husband Gregg in elementary school. They married in their 30s after a 17-year long-distance relationship. The couple have three children, and presently live in a 12,000 square feet (1,100 m2) home on an 8 acres (3.2 ha) plot west of London. Brought up a Methodist, she is still an active Christian.
Awards and memberships
- Awarded The Most Excellent Order of the British Empire, a DBE for her services to business (2013) 
- Prime Minister’s Business Advisory Group, Member (2010–present) 
- Fast Company Most Creative People in Business (2014) 
- Ranked #4 in Fortune's 2013 top people in business 
- Fortune’s Businesspeople of the Year (2010, 2011, 2013) 
- Financial Times Women of 2013 
- Forbes’ 100 Most Powerful Women in the World (2006, 2007, 2009, 2010, 2011, 2012, 2013)
- Business of Fashion BoF 500 (2013) 
- In February 2013 she was assessed as the 9th most powerful woman in the United Kingdom by Woman's Hour on BBC Radio 4.
- Financial Times Top 50 Women in World Business (2010, 2011)
- Shenkar College of Engineering and Design, Honorary Fellow (2011)
- St George’s Society of New York, Medal of Honor (2011)
- CNBC European Business Leader of the Future (2010)
- Oracle World Retail Awards, Outstanding Leadership Award (2010)
- Crain’s New York Rising Stars 40 under 40 (2000)
- "Angela Ahrendts". Businessweek. Retrieved 1 February 2013.
- Ina Fried (14 October 2013). "Apple Hires Burberry CEO Angela Ahrendts to Head its Retail Efforts". All Things Digital. Retrieved 14 October 2013.
- Petroff, Alanna. "Top paid CEO in U.K. is an American woman". CNN Money. Retrieved 11 June 2013.
- Honorary Awards of the British Government
- . Fortune http://money.cnn.com/gallery/leadership/2013/11/21/business-person-year.fortune/4.html. Missing or empty
- BBC Radio 4, Woman's Hour Power list
- World Business Forum 2011 - featured speaker Angela Ahrendts
- Ball State University Commencement Address 2010
- Charlie Rose Show, September 2010
- Angela Ahrendts speaks at the World Retail Congress, Berlin 2010
- WSJ Magazine: Earning Her Stripes, September 2010
- Angela Ahrendts: The Financial Times Women at The Top, November 2011
- The Telegraph: Selling the British attitude across the world, April 2011
- Angela Ahrendts: Forbes Most Powerful Women in the World, 2011
- Angela Ahrendts: Fortune Most Powerful Women in Business, 2011
- Angela Ahrendts on Twitter