Apple CFO of 10 years ready to hang boots
Apple’s Chief Financial Officer and Senior Vice president , Peter Oppenheimer, who has been around for over a decade, will retire from the American company this year’s September.
CEO of Apple, Tim Cook, who took over the reigns from Steve Job in 2011 has this this to say:
“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.”
Oppenheimer will be replaced by Luca Maestri, who is currently the Vice President of Finance and corporate controller at Apple.
Apple is currently on a ‘hiring spree’ where they are lobbying a lot of intellectuals including some HTC engineers. It seems the change is coming.