APPLE INC (AAPL)
Sector: Information Technology
Sector: Information Technology
APPLE INC - Executive Compensation
Former Senior Vice President, Chief Financial Officer
Executive Compensation
Luca Maestri has been a pivotal figure in the financial world, notably serving as the Senior Vice President and Chief Financial Officer (CFO) at Apple Inc. Born in Italy, Maestri earned a degree in economics from Luiss University in Rome and later obtained an MBA from Boston University. Before joining Apple, he held significant positions at major corporations such as General Motors, where he was CFO of the company's European, International, and North American operations. He also served as CFO at Xerox and Nokia Siemens Networks, demonstrating his extensive experience in managing the financial aspects of large, global enterprises. At Apple, Luca Maestri took on the role of CFO in 2014, succeeding Peter Oppenheimer. During his tenure, Maestri played a crucial role in steering Apple's financial strategy, contributing to the company's continued growth and success. Under his leadership, Apple achieved record-breaking revenues and maintained a strong financial position, highlighted by consistent stock buybacks and dividend increases. Maestri was instrumental in overseeing Apple's capital return program, which became one of the largest in corporate history. His strategic foresight and financial acumen were vital in navigating the company through various market conditions, solidifying Apple's status as a leader in the technology industry. In addition to his operational responsibilities, Luca Maestri has been an advocate for diversity and inclusion at Apple. He has actively participated in initiatives aimed at fostering a more inclusive workplace and has been a key figure in the company's efforts to support education and environmental sustainability. Maestri's contributions have not only been financial but have also extended to shaping Apple's corporate culture and social responsibility efforts. His tenure as CFO has left a lasting impact on Apple, setting a high standard for future financial leadership within the company.