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Italian takes senior job at Apple

Luca Maestri to become CFO at computer giant, after job at GM

04 March, 16:03
Italian takes senior job at Apple (ANSA) - New York, March 4 - A former General Motors and Xerox executive who studied at Rome's Luiss University was named chief financial officer of Apple, the computer giant announced Tuesday.

Luca Maestri of Rome will replace Peter Oppenheimer in September, Apple said in a statement.

"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," Apple's chief executive officer Tim Cook said in a statement. "Luca has over 25 years of global experience in senior financial management...and I am confident he will be a great CFO at Apple," said Cook. "When we were recruiting for a corporate controller, we met Luca and knew he would become Peter's successor," the statement added. "His contributions to Apple have already been significant in his time with us and he has quickly gained respect from his colleagues throughout the company".

Apple's statement noted that Maestri began his career with General Motors and has lived in numerous countries including Italy and the United States.

He graduated from Luiss University in Rome with a bachelor's degree in Economics and received a master's degree in Science of Management from Boston University.