Theres a clear £5 million between her and the next highest earner, according to the survey of 350 listed companies by corporate governance group Manifest and pay consultancy MM&K for 2011-12.
It really shouldnt come as such a surprise. The phenomenal businesswoman one of only three in female executives in the Financial Times list of Top 100 companies (FTSE 100) has been at the helm of the iconic British fashion brand since 2006 and it has seen record growth and profits during her tenure.
The story should not be that a woman has topped the chart but, indeed, that it has taken so long for it to happen.
The government has set a target of every FTSE 100 company having at least a quarter of their boardroom positions filled by women by 2015 something to which Ahrendts has voiced her opposition.
'I am not in favour of quotas, she said in a recent interview with The Guardian. Just put the best person in the job. It is not about gender. It is about experience, leadership and vision.'