Act Of Good Deeds: Angela Ahrendts Gives Away Her Burberry Shares Worth $892K
In Fashion and Style, News on December 20, 2011 at 2:00 pm
There is nothing more that we love around the holidays than hearing the about the generous act of kindness perfomed by those we admire. We’ll many of us are stressing over getting those last minute gifts, Angela Ahrendts gave a rewarding token to many will benefit from. As Burberry’s chief executive, Angela donated 50, 000 of her company shares to the Ahrendts-Couch foundation, a nonprofit charitable corporation of which Ahrendts is a director, but not a beneficiary. The company sold the shares at $17.83 each raising $892,000. This should definitely put you in the mood for some holiday gift giving!
Listen to Angela chat about the financial success of the Burberry brand.