Woman Cracks FTSE 100
Welcome to the club, but bring your own Diet Coke. Angela Ahrendts, the CEO of Burberry, has become the first woman to crack the FTSE 100, Britain’s top executive pay league. Ahrendts, 53, took home $26 million in executive pay last year, and she is one of just three women with CEO roles in the FTSE 100. While her pay has many cheering that it is a step toward getting more equal pay for women, others warned that she does not represent all women, since women’s pay still lags behind men’s. In an interview with the Guardian last year, Ahrendts said she is “not in favor of quotas” and the company “just put the best person in the job. It’s not about gender, it’s about experience, leadership, and vision.” Ahrendts has also credited Diet Coke with helping her get through busy days.