Apple CFO Peter Oppenheimer to retire in September


Apple has announced that Peter Oppenheimer, the company’s senior vice president and CFO, will retire at the end of September 2014. He joined Apple in 1996 as controller for the Americas, and was promoted to vice president and Worldwide Sales controller and then to corporate controller later. He will retire after 18 years of service.

He recently joined the Board of Directors of Goldman Sachs, where he will be a member of each of the firm’s Audit, Risk, Compensation and Corporate Governance, Nominating and Public Responsibilities committees.

Luca Maestri, Apple’s vice president of Finance and corporate controller will succeed Peter as CFO. The transition of CFO role to Luca will happen in June, few months before Oppenheimer retires, to make the transition smooth, says Apple. Last year Apple iOS Engineering VP Henri Lamiraux left the company, after 23 years of service.

Luca has over 25 years of experience building and leading finance teams in global companies. He was CFO at both Nokia Siemens Networks and Xerox, prior joining Apple in March 2013.

Author: Srivatsan Sridhar

Srivatsan Sridhar is a Mobile Technology Enthusiast who is passionate about Mobile phones and Mobile apps. He uses the phones he reviews as his main phone. You can follow him on Twitter and Instagram