Apple CFO Peter Oppenheimer to retire in September, VP of Finance Luca Maestri takes his place
It looks like Apple's chief financial officer, Peter Oppenheimer (pictured), will be retiring this September. His position will be taken by Luca Maestri, current vice president of Finance at the Cupertino company. Starting June, Maestri will take the spot, working under Oppenheimer's guidance until September.
Although the CFO in retirement won't be seen high in Apple's structure after September, he will be seen high in the sky, as he wants to become a pilot. He'll also travel, spend more time with his family, and generally reap the fruits of his career. The rest is best said in the words of CEO Tim Cook and CFO Oppenheimer themselves.
Oppenheimer started work with Apple way back in 1996. During his time as CFO, Apple's annual revenue grew more than twenty times. As for his successor, Luca Maestri has 25 years of experience, including working for GM, Nokia Siemens Networks and Xerox. He's relatively new at Apple, having joined in March 2013. However, he's managed "most of Apple's financial functions and done an excellent job leading them". It must feel good to be appointed to a C-position in only an year.
2. androiphone20 (Posts: 1399; Member since: 10 Jul 2013)
Pete wants to be a pilot? That's sounds awesome. I think it's safe to say he deserves it, anyway consider going to the bahamas Pete!
3. alterecho (Posts: 1072; Member since: 23 Feb 2012)
Is he the one responsible for Apple's (outrageous) pricing structure?
4. Planterz (Posts: 675; Member since: 30 Apr 2012)
He has become Death, destoryer of reasonable price increases for storage space.