Christopher Bailey's cashing in at Burberry

Burberry's new chief executive officer and chief creative officer, Christopher Bailey could earn up to $13.6 million, per year, including a cash allowance of $739,605, according to the reports.

Bailey, who took on the new role earlier this month, has also received a form of shares worth up to $12.8 million — which is linked to the company's performance.

Bailey's base salary is $1.9 million, as well receiving a cash bonus, share awards and pension contributions.