People: Apple Inc (AAPL.O)
2 Dec 2016
Mr. Luca Maestri has been appointed as Chief Financial Officer, Senior Vice President and Principal Accounting Officer of Apple Inc. He joined the Company in March 2013 and assumed his current position in May 2014. Prior to assuming his current position, Mr. Maestri served as the Company’s Vice President and Corporate Controller. Prior to joining Apple, Luca was CFO at both Nokia Siemens Networks and Xerox. Since joining Apple in March 2013, Luca has managed most of Apple’s financial functions and done an excellent job leading them, while also working closely with Apple’s senior leadership. He has deep knowledge in all of the major aspects of finance with over 25 years of experience building and leading finance teams in global companies with significant operating scale and complexity. Luca began his career with General Motors and spent 20 years in finance and operating roles in the Americas, Asia Pacific and Europe. While at GM, Luca had many significant assignments building and operating the business. He was part of the team that established GM’s regional operations in Asia Pacific, including manufacturing investments in China and Thailand. He was later CFO of the team that restructured operations in Brazil and Argentina and returned the region to profitability. His last role at GM was CFO for all of GM’s operations in Europe, which spanned over 45 countries with annual net revenue of approximately $40 billion. Luca has an exceptionally broad international background, with time spent living and working in Italy, Poland, Ireland, Switzerland, Singapore, Thailand, Brazil and Germany, as well as the U.S. Luca 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.
|Total Annual Compensation, USD||5,000,000|
|Restricted Stock Awards, USD||20,000,100|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||337,872|
|Fiscal Year Total, USD||25,338,000|