Angela Ahrendts has been appointed a senior working advisor at SKYY Companions, a non-public fairness agency based by Kim Kardashian and Jay Sammons.
SKYY Companions focuses on each management and minority investments in high-growth client and media firms throughout the buyer panorama, together with style, luxurious, meals and beverage, well being and wellness, magnificence and private care, and leisure.
Most lately, Ahrendts was senior vice chairman, Apple Retail, the place she reimagined Apple’s retail expertise, redesigned the shops and re-crafted the roles of 70,000 staff globally. Earlier she was chief govt officer at Burberry Group plc for almost 9 years, the place she tripled the enterprise and quadrupled the share worth. Throughout her tenure at Burberry, Ahrendts was a member of the U.Okay.’s Prime Minister’s Enterprise Advisory Council and was named honorary dame commander of the Most Glorious Order of the British Empire.
At SKYY Companions, she’s going to work with Kardashian, Sammons and the remainder of the SKKY workforce to determine and consider potential funding alternatives whereas serving as a useful resource for the businesses SKKY invests in. She is anticipated to convey her experience to SKKY to assist help the agency’s investments within the subsequent era of client manufacturers.
“As we proceed to develop SKKY Companions and give attention to figuring out strategic funding alternatives for the agency, it was the right time to have Angela be part of us,” mentioned Kardashian, cofounder and managing accomplice. “Angela’s wealth of management expertise and deep understanding of constructing manufacturers and influencing tradition makes her a pure match for the agency.”
Ahrendts mentioned, “Kim and Jay have created one thing really extraordinary with SKKY Companions. Their give attention to backing the subsequent era of industry-disrupting model with a mission to depart every firm they spend money on higher than it was earlier than is really inspiring. I stay up for bringing my experience to the workforce, together with my expertise working with inventive enterprise leaders, as we spend money on nice client firms and proceed to construct an awesome agency.”
Ahrendts at present serves on the boards of Ralph Lauren Corp., Airbnb Inc. and WPP plc.