Connect with us

Hi, what are you looking for?

HorizonLifeTime.comHorizonLifeTime.com

Tech News

Apple’s CFO will step down

An illustration of the Apple logo.
Illustration: The Verge

Apple announced that chief financial officer Luca Maestri will step down from his role at the start of next year. He’ll remain at the company as the head of its corporate services team, leading “information systems and technology, information security, and real estate and development.”

Maestri joined Apple in 2013 after serving as the CFO of Xerox. He became the CFO just one year later, replacing Peter Oppenheimer. CNBC notes that when he took over, Apple’s annual revenue was $183 billion, and last year, it reached $383 billion. Apple also announced an expansion to its share repurchase program to $90 billion, which Maestri would oversee.

This spring, Apple announced it would increase the amount from $90 billion to $110 billion, breaking…

Continue reading…







    Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.




    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Investing

    Quickly coordinate e-business applications through revolutionary catalysts for change. Seamlessly underwhelm optimal testing procedures processes.

    Investing

    Collaboratively administrate turnkey channels whereas virtual e-tailers. Objectively seize scalable metrics whereas proactive e-services.

    World News

    Post Content

    Editor's Pick

    Jennifer Huddleston In July 2024, millions of individuals and businesses found their lives disrupted by a global IT outage caused by a faulty update...