CFO of Apple will retire this September

04 March, 2014

Peter Oppenheimer, the CFO of Apple will be handing in his retirement papers come this September.

Taking his place will be Luca Maestri, who is Apple's current Vice President of Finance and corporate controller.



Tim Cook had this to say of Oppenheimer:

”Peter has served as our CFO for the past decade as Apple’s annual revenue grew from $8 billion to $171 billion and our global footprint expanded dramatically. His guidance, leadership and expertise have been instrumental to Apple’s success, not only as our CFO but also in many areas beyond finance, as he frequently took on additional activities to assist across the company. His contributions and integrity as our CFO create a new benchmark for public company CFOs...Peter is also a dear friend I always knew I could count on. Although I am sad to see him leave, I am happy he is taking time for himself and his family. As all of us who know him would have expected, he has created a professional succession plan to ensure Apple doesn’t miss a beat.”

It's been a while since Steve Jobs left the helm of Apple and now with Oppenheimer leaving the company, it seems that the complete change of the old guard is closer to happening. Anyone think that Apple is heading in a better direction?

Source | Via


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Reader comments

  • Franz Kafka 007
  • 02 Dec 2020
  • 0pt

Apple are the biggest swindlers of all time. They build great product that will last forever and they sell it as such then decide to stop supporting operating systems. The time is coming when this practice will be regulated by collective government&#...

  • AnonD-236725
  • 07 Mar 2014
  • n1H

Yes, there are such examples where apple costs more than it is worth. But,there products are using the best quality components. But prices are not as expected and so they dont have competition in few major markets. Where , Nokia use to cover all the ...

  • AnonD-8044
  • 05 Mar 2014
  • sXw

We know how Apple makes its profit by ripping off customers with ultra expensive memory upgrades in iphone and expensive computers..Just because a MacBook pro is made of aluminium does not equate to expensive it costs then few quids worth of aluminiu...

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