After being promoted to CEO following the departure of Angela Ahrendts, Christopher Bailey could potentially earn a sweet £10.3 million this year.
But in a recent meeting, over half of Burberry's shareholders voted against Bailey's bumper pay day, emphasising that the big bucks are all down to him hitting certain performance targets.
You know what that means?
Bailey is going to have to work harder than he does already, crikey, designing handbags, trench coats, clothing and new beauty launches that are even better.
It's a tough task indeed, given that the Autumn/Winter 2014 Bloomsbury collection just wowed fashion fans the world over, and an iconic new Burberry perfume fronted by Cara Delevingne and Kate Moss is due to drop later this year.
How on earth will Bailey better himself and Burberry? We have no idea, but 2015 is looking absolutely marvellous right now.
What can Christopher Bailey and Burberry give us next? Tweet us your ideas @handbagcom
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