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

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • The current value of the rupee does not merit market intervention

    The rupee, losing 40 paise per month against the dollar since May, is expected to remain under pressure till the calendar runs out on December 31, bef

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Tushar Gandhi

Sustainable model for rural sanitation

Prime minister Narendra Modi has promised to build a toilet ...

Zehra Naqvi

How smells evoke strong memories

Remember that time when a passing fragrance transported you to ...

Dharmendra Khandal

Indian zoos need a fresh approach

Recently, when a man jumped in a tiger trench of ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture