Angela Ahrendts talks future after Apple as Deirdre O'Brien receives stock bonus
Angela Ahrendts on Thursday briefly commented on near-term plans after it was announced that she would depart her role as Apple's retail chief in April, while Ahrendts' successor, Deirdre O'Brien, took receipt of a stock bonus potentially worth tens of millions of dollars.

Angela Ahrendts at the Ralph Lauren fashion show in New York on Thursday. | Source: WWD
Making an appearance at a Ralph Lauren fashion show in New York, Ahrendts declined to comment on future career ambitions, but said she intends to "take the summer off" and travel before committing to a new venture, reports WWD.
Currently on the docket is a mission to Rwanda and stop in with her two children who live in London. She also plans to spend time with her husband, who has been on the move between London and San Francisco since Ahrendts was named SVP of Retail at Apple in 2013.
Earlier this week it was announced that Ahrendts will leave her post at Apple in April. The role of retail chief goes to company veteran Deirdre O'Brien, who will also continue to carry out current duties as head of human resources and "People-related functions."
O'Brien was officially named SVP of Retail + People on Tuesday, with Apple issuing the requisite Securities and Exchange Commission filing and updating her online biography to reflect the change. A separate SEC filing on Thursday reveals O'Brien took receipt of a stock bonus on that same day.
The bonus consists of 47,844 restricted stock units split into two equal batches, one scheduled to vest over time and another slated to vest based on performance. Assuming continued employment, O'Brien will see 23,922 RSUs convert in thirds on Aug. 5, 2021, Aug. 5, 2022 and Aug. 5, 2023. The executive can double the remaining 23,922 RSUs upon vesting depending on Apple's average stock performance through Oct. 1, 2021.
If all RSUs vest, and performance goals are satisfied, O'Brien stands to gain common stock currently worth $12.3 million. A separate statutory SEC filing detailing O'Brien's current holdings shows the executive owns 137,913 shares of Apple stock worth $23.6 million at the end of trading today.

Angela Ahrendts at the Ralph Lauren fashion show in New York on Thursday. | Source: WWD
Making an appearance at a Ralph Lauren fashion show in New York, Ahrendts declined to comment on future career ambitions, but said she intends to "take the summer off" and travel before committing to a new venture, reports WWD.
Currently on the docket is a mission to Rwanda and stop in with her two children who live in London. She also plans to spend time with her husband, who has been on the move between London and San Francisco since Ahrendts was named SVP of Retail at Apple in 2013.
Earlier this week it was announced that Ahrendts will leave her post at Apple in April. The role of retail chief goes to company veteran Deirdre O'Brien, who will also continue to carry out current duties as head of human resources and "People-related functions."
O'Brien was officially named SVP of Retail + People on Tuesday, with Apple issuing the requisite Securities and Exchange Commission filing and updating her online biography to reflect the change. A separate SEC filing on Thursday reveals O'Brien took receipt of a stock bonus on that same day.
The bonus consists of 47,844 restricted stock units split into two equal batches, one scheduled to vest over time and another slated to vest based on performance. Assuming continued employment, O'Brien will see 23,922 RSUs convert in thirds on Aug. 5, 2021, Aug. 5, 2022 and Aug. 5, 2023. The executive can double the remaining 23,922 RSUs upon vesting depending on Apple's average stock performance through Oct. 1, 2021.
If all RSUs vest, and performance goals are satisfied, O'Brien stands to gain common stock currently worth $12.3 million. A separate statutory SEC filing detailing O'Brien's current holdings shows the executive owns 137,913 shares of Apple stock worth $23.6 million at the end of trading today.
Comments
Her title is: Senior VP of people. That carries a very different connotation than VP of Human Resources. A human resource is just a machine put in place to do a job. Apple employees people. The best people. Not slaves or machines.
It is just semantics and marketing BS, it doesn't connote anything different. Just like, as great as Andy Hertzfeld was, he wasn't really a wizard (https://www.folklore.org/StoryView.py?project=Macintosh&story=Software_Wizard.txt).
No, I am not going to go back and pull out every Apple announcement about services. I've already listed the thrust of them.
But you are correct that the town square thing is not pushing sales -- it's a services thing. Thanks for proving my point.
But I am sorry, that you think calling a spade a spade is demeaning. Well, not really.
No, knowing what we know about Apple: They look to employ the best available and then grow and develop them into the best they can be. That requires a VP of PEOPLE -- not inanimate resources or slaves.
She was hired right before the biggest fashion piece Apple ever released was launched. She left shortly after it was a confirmed success. For all we know it could have been a 5 year contract or her departure planned ahead of time.
Let's not turn everything into doom like some articles already have:
"Apple loses retail chief"
You can also say that Apple is just another mediocre, average company (which you basically did). But saying that doesn't make it true either.
And, by the way, managing high quality people doesn't mean you have to be benevolent. Steve pushed his people hard. Almost as hard as they pushed themselves. And, as he said: "A level players don't like to work with "B" level players". Tim has continued that culture.
Human Resource departments are for companies who employ human resources. Apple employs smart, high quality, hard working, committed people.
There are not many "Steves" out there that have the vision and push their people hard. Most execs push their people hard with their vision on their bank account. Steve was unique, sadly there are no more Steves out there. But, then again, Steve made sure Google wouldn't poach his people so he wasn't perfect either.
And, your contention that Apple is just a typical Fortune 100 corporation is not supported by reality.