Apple’s New CFO: An Introduction to Luca Maestri

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Source: Apple.com

In case you missed the earlier report, Apple’s (NASDAQ:AAPL) long-serving CFO Peter Oppenheimer, who boasts an impressive 18-year career with the company, is due to step down at the end of September this year. In June, Apple’s vice president of finance and corporate controller (that’s Luca Maestri) will begin taking over, allowing for a seamless transition from one CFO to the next.

Wondering who, exactly, Oppenheimer’s successor is? We daresay you’re in the right place. In Apple’s press release that announced Oppenheimer’s retirement on Tuesday, chief executive Tim Cook says some pretty glowing things about Maestri, but then again, it’s a press release, right?

“Luca Maestri has over 25 years of global experience in senior financial management, including roles as a public company CFO, and I’m confident he will be a great CFO at Apple,” said Cook.

He goes on, saying that, “When we were recruiting for a corporate controller, we met Luca and knew he would become Peter’s successor. His contributions to Apple have already been significant in his time with us and he has quickly gained respect from his colleagues throughout the company.”

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business