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Former Apple retail boss Angela Ahrendts joins Airbnb’s board

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CNBC | Megan Hawkins

Former Apple retail boss Angela Ahrendts is joining Airbnb’s board, the company announced Thursday.

The former Burberry CEO led Apple’s retail and online stores for five years before the company announced her departure earlier this year. Ahrendts had been one of the highest-paid employees at Apple with a total compensation of $26.5 million in 2018, according to Apple’s proxy statement from Jan. 8, 2019. During that same year, CEO Tim Cook made $15.7 million in total compensation that year, according to the filing.

Ahrendts is now Airbnb’s third independent non-affiliated board member, the company said.

This is breaking news. Please check back for updates.

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