“Burberry’s former high flying boss Angela Ahrendts will be made an honorary dame today for services for business,” James Salmon reports for The Daily Mail.
“But it is unlikely to be a glamorous affair for the woman credited with turning the British fashion house into one of the world’s most coveted luxury brands,” Salmon reports. “Instead of a trip to Buckingham Palace to receive her gong from the Queen, the 53 year old American will have to make her way to the non-descript headquarters of the Department of Business, Innovation and Skills in Westminister. The master of ceremonies at the event will be business secretary Vince Cable, not Her Majesty. Sources said the ceremony will be ‘very low key.'”
“Mrs Ahrendts will be allowed to use the letters DBE – Dame of the British Empire – after her name. But she will not be entitled to use the title Dame,” Salmon reports. “Mrs Ahrendts, who was the highest paid FTSE 100 chief executive last year with a £16.9 million pay package, is credited with transforming Burberry into a global powerhouse since she took the helm in 2006. She quit in October last October to head up Apple’s retail operations this month and was replaced by top Burberry designer Christopher Bailey.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]