Apple CFO to retire, successor named

Tags: News
Apple's longtime Chief Financial Officer Peter Oppenheimer will retire in September and he'll be replaced by the company's corporate controller.

The announcement today comes one day after Goldman Sachs named Oppenheimer as one of its 13 board members.

Oppenheimer, who has been CFO for the past decade, will begin transferring responsibilities to Luca Maestri in June.

Apple CEO Tim Cook says the company knew Maestri would ultimately succeed Oppenheimer when it recruited him as corporate controller a year ago. Maestri has more than 25 years of experience in senior financial management.

He has served as CFO at both Nokia Siemens Networks and Xerox.

Oppenheimer joined Apple in 1996 as controller for the Americas.

Apple Inc. Is based in Cupertino, California

EDITORIAL OF THE DAY

  • Right to reveal

    Delhi is India’s first state to announce a scheme for witness protection. But what about the witnesses in other states?

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Urs Schoettli

New masters of the Financial Times

A few days ago, Japan’s leading financial daily Nihon Keizai ...

Anuja Sharma

Focus mindfully to get the result

Have you ever tried to light a fire using the ...

Gautam Gupta

Our fashion schools need to notch it up

“Creativity is the key to success and primary education is ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture