It seems that Appleâ€™s is getting a new finance chief as Peter Oppenheimer, its Chief Financial Officer for the past ten years, is retiring in September. He will be replaced by Luca Maestri, who previously worked as Appleâ€™s vice president of finance and corporate controller. Maestri also was the CFO for Xerox and a General Motors executive. Oppenheimer spent 18 years working at Apple, and now he will be part of the Goldman Sachs board of directors. Tim Cook, Apple CEO, said the following:
Peter Oppenheimer himself weighed in, saying that he quits his job at Apple in order to dedicate more time to his family, to travel and finish his pilotâ€™s license:
Speaking about the new CFO, hereâ€™s what Tim Cook wanted to highlight:
Maestri worked for 4 years at Nokia Siemens Networks and 20 years at General Motors before joining Xerox as its CFO, having handled financial operations for the company across the globe. He holds a bachelorâ€™s degree in economics from Luiss University in Rome in 1988, and a masterâ€™s degree of science from Boston University in 1991.