07/05/2014 07:25 BST | Updated 07/05/2014 07:59 BST

Apple's Angela Ahrendts Granted $68m Shares In 'Golden Hello' Deal

Ex-Burberry CEO Angela Ahrendts has been given a rather tasty little sweetener in her new role at Apple - $68m (£40m) of shares just for turning up.

Ahrendts will oversee the technology company's retail and online stores and will be the highest-ranking woman executive at the company.

If she feels like it it she won't even have to work that hard - she'll receive 85% regardless of performance and only based on how long she stays.

been granted a maximum of 113,334 restricted stock options which she will receive in a series of payments over the next four years.

Apple will be hoping Ahrendts can work the same magic that she sprinkled over profits at Burberry where she tripled their share price.

She will also play a crucial role in the company's increasing presence in the Chinese market, something she also did with Burberry (see video below).

Apple stores earned an pretty incredible $7bn (£5bn) in the first quarter of 2014 - even without anyone in the role being occupied by Ahrendts.

Photo gallery Burberry Spring 2014 at London Fashion Week See Gallery