Luca Maestri To Step Down At Years End Longtime Apple Executive To Assume Role

Apple Announces Chief Financial Officer Transition

Luca Maestri to Step Down at Year's End; Longtime Apple Executive to Assume Role

Background on Luca Maestri

Luca Maestri has served as Apple's Chief Financial Officer (CFO) since 2014.

In this role, he oversees the company's accounting, business, and corporate finance operations.

Prior to becoming CFO, Maestri served as Apple's Vice President of Finance and Corporate Controller.

Transition Announcement

On August 26, 2024, Apple announced that Luca Maestri will step down as CFO at the end of the year.

A longtime Apple executive will assume the role, ensuring a smooth transition.

Key Points to Note

- Luca Maestri has been Apple's CFO for eight years. - He will step down at the end of 2024. - A longtime Apple executive will take over the CFO role. - The transition is part of Apple's long-term succession planning.