As a result, Ferrari Board Chairman John Elkann is the current acting interim CEO. Terms & Conditions. Apple's chief financial officer Luca Maestri sold 96,735 shares of Apple stock valued at around $16.9 million in two transactions completed on Wednesday, according to a filing with the U.S.. Learn How rich is He in this year and how He spends money? Maestri performed. Also learn how He earned most of networth at the age of 59 years old? Craig Federighi, 51, is the youngest member of Apples executive teamand is likely to remain in his role for several more years. Name: Luca Maestri. In 2019, there was a charity auction to have lunch with Maestri at Apple Park. On average, Apple Inc executives and independent directors trade stock every 14 days with the average trade being worth of $12,578,706. During earnings calls, Maestri reports on quarterly growth, projected growth in the future, and highlights notable achievements Apple has made in the previous quarter. Public asset : 19,082,912 USD. Nestl announced today that it proposes Luca Maestri, Chief Financial Officer at Apple, and Chris Leong, Chief Marketing Officer at Schneider Electric, for election to its Board of Directors. Ferrari still has not chosen a CEO. In many ways, Williams is seen as pragmatic as Cook and as someone who wouldnt letthe companymiss a beat. Luca Maestri was born in Rome, Italy, on October 14, 1963. Luca Maestri (born October 14, 1963) is an Italian businessman. During the company's Q3 2020 earnings call, Luca Maestri said that, although Apple last started selling the iPhone 11 in late September 2019, Apple projects to supply of its 2020 devices to be "available a few weeks later." Dan Riccio, 57,has run Apples hardware engineering division since2012 and oversees the hardware development of almostevery Apple device. His net worth has been growing significantly in 2022-2023. Since 2013 Apple Inc., USA 2014 - present Senior Vice President and Chief Financial Officer 2013 - 2014 Vice President and Corporate Controller; 2011 - 2013 Xerox Corporation, USA He is from Italy. He is Apple Inc's chief financial officer.[2]. Also learn how He earned most of networth at the age of 57 years old? Thomas George on Twitter: "Apple CFO Luca Maestri out here making . As Cook begins his 10th year at the helm, his management group is filled mostly with senior vice presidents who have worked at Apple for more than two decades, made tens of millions of dollars and. Kasper Rorsted decided not to stand for re-election. For example, Apple had to delay its launch of the iPhone 12. BeyondKhan,Apple has a team of several veterans such asoperations executives Dan Rosckes, Rob YorkandRory Sexton. Since taking over last year,Deirdre OBrien has pushed Apple retail online amid the Covid-19 pandemic and navigated opening and shuttinglocations on an ad hoc basis. Reporters from Bloomberg's Washington, D.C. bureau are prominently featured as they offer analysis of policy and legal issues. 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Luca Maestri co-hosts Apple's earning report calls with CEO Tim Cook. Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services. Four years later, he joined Nokia Siemens Networks as the Chief Financial Officer. Maestri will begin taking on CFO responsibilities in June as part of . He is a member of famous with the age 59 years old group. Maestri currently holds the role of Chief Financial Officer and Senior Vice President. Last week the Consulate General of Italy in New York hosted Luca Maestri, Chief Financial Officer of Apple Inc ., in conversation with journalist and award winning author, Maria Teresa Cometto. There are 12 older and 6 younger executives at Apple Inc. He stated that the supply constraints could cause Apple to see significant seasonal revenue declines heading into the June 2021 quarter. Luca Maestri is 56, he's been the Chief Financial Officer and Senior Vice President of Apple Inc since 2014. He later became the CFO for GM's operations in 45 European countries. Along with being the chief financial officer he will also assume the responsibility of principal accounting officer. Date of birth: 1963 Nationality: Italian and American. Luca Maestri is the Chief Financial Officer and Senior Vice President of Apple. Luca joined Apple in 2013 as vice president of Finance and corporate controller, and has worked closely with Apples senior leadership since his arrival. More recently, Marineau-Meswas shifted toworkon features like the new iOS 14 widgets. Marineau-Mes used to hold Andrewss role, but in 2016 was movedto oversee the Photos and Camera apps in addition to system security. The company has also hired outsiders for its past two general counsels: the current holder of the job Kate Adams, 56, came from Honeywell, while her predecessor, Bruce Sewell, joined from Intel. Theteam is responsible for cranking out hundreds of millions of devices fromAsia and shipping them across the world. In May 2014, he became the CFO and Senior Vice President replacing Peter Oppenheimer as CFO. You can help Wikipedia by expanding it. At 57 years old, he is the third oldest executive at Apple. Luca graduated from Luiss University in Rome with a bachelors degree in Economics and earned a masters degree in Science of Management from Boston University. March 2, 2022 December 11, 2021 by americanpost. Ann M. Veneman will retire from the Board after 11 years . 2023 Tim Cook held all his Apple stock in 2022, as other execs sold, Apple to announce fourth-quarter earnings on October 27, Apple CFO Luca Maestri sells shares worth $16.9M, Apple to announce third fiscal quarter earnings on July 28, Apple sees March quarter records for iPhone, Mac, Services & More, What to expect from Apple's Q2 2022 earnings report, Notes of interest from Apple's blockbuster holiday quarter earnings report, Apple says supply constraints will have a bigger impact on Q1 2022, Switchers, upgraders boost Q3 iPhone growth to 52%, Apple increases China earnings by nearly 60% in June quarter, If you buy through our links, we may get a commission. Heoversees the business side of Apples video efforts and leads work onApple News, Apple Books, iCloudand thecompanys advertising platforms. Its online services include the iTunes Store, the iOS App Store, Mac App Store, Apple Arcade, Apple Music, Apple TV+, iMessage, and iCloud. Economics and Master's Science of Management Degrees. Chief. Log in . Thecompany has a list of potential successors to Joswiak, with the smart money being on newly appointed vice presidentof iPhone marketing Kaiann Drance, 42,to eventually take over, according to a person close to the company. He is Apple Inc 's chief financial officer. Last updated: 17 April 2023 at 6:45pm EST. Luca Maestri was born on 14 October, 1963 in Rome, Italy, is an American chief financial officer. Luca Maestri was born on 14 October, 1963 in Rome, Italy, is an American chief financial officer. Greg Joswiak, 56, took over for Phil Schiller as Apples senior vice president of worldwide marketing in August, but Schiller, 60, had been gradually handing off some responsibility for years,according to people familiar with the transition. AndrewssCoreOS is the most fundamental component of Apples operating systems, the layer that handles underlying features like wireless networking and the file system. In 2014, he took in a salary of $14 million and in 2015, he took in a salary of $25.3 million. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. In the past Mr. Maestri occupied the position of Chief Financial Officer & Executive Vice President of Xerox Corp., Chief Financial Officer at Nokia Siemens Networks Oy, Chief Financial Officer of General Motors Ltd., Chief Financial Officer of General Motors do Brasil Ltda., Chief Financial Officer at General Motors (Thailand) Ltd., Chief Financial Officer of General Motors Europe AG, Director-Operations Analysis at General Motors Asia Pacific (Japan) Ltd. and Director-Operations Analysis at General Motors Ireland Ltd. Cook ran Apples operations before handing over that responsibility toWilliams. Powered and implemented by Interactive Data Managed Solutions. In 2014, after working at Apple Inc. as vice president of Finance and corporate controller, he was appointed CFO of Apple Inc. Luca's mailing address filed with the SEC is ONE APPLE PARK WAY, , CUPERTINO, CA, 95014. Stern, who joined Apple from Time Warner Cable in 2016, is a content dealmaker. C-level executives rarely want to move down the . Maestri has a Bachelor of Economics from LUISS University in Rome and Master of Science in Management from Boston University. Luca Maestri is Apples senior vice president and chief financial officer reporting to CEO Tim Cook. Read our, Maestri started his career at General Motors, Luca Maestri has worked at four different companies during his career, The iPad mini 3 and iPad Air 2 were included in the 90 percent education market share, Luca Maestri stated that the new 2020 iPhone available a few weeks later than usual, Lunch with Maestri was auctioned for an estimated for $50,000, Maestri and Ive are rumored to be candidates to become the CEO of Ferrari, Goldman Sachs Technology and Internet Conference. It wasnt Maestris first appearance, as he had previously made an appearance there in 2012 on behalf of his then-employer Xerox. Maestri originally joined Apple in February 2013 as the Vice President of Finance and Corporate Controller. 2023 Fortune Media IP Limited. As CFO, Luca oversees the accounting, business support, financial planning and analysis, treasury, real estate, investor relations, internal audit and tax functions at Apple. As of 13 April 2023 he still owns at least 107,661 units of Apple Inc stock. Luca joined Apple in 2013 as vice president of Finance and corporate . Giannandrea does not have a clear top lieutenant, so if he were to depart Apple, its unclear who would replace him or if Apple would fold the unit back into the Software Engineering department. In 2014, after working at Apple Inc. as vice president of Finance and corporate controller, he was appointed CFO of Apple Inc.[3][4][5] Along with being the chief financial officer he will also assume the responsibility of principal accounting officer. Motsi Mabuse is feeling nostalgic again after sharing a rare photo with both of her sisters to reminisce about the good old days when we could travel.. He also helped handlethe development of Apples upgraded TV app last year and is leading the charge onApples push into services bundles. Mr. Maestri owns over 96,735 units of Apple Inc stock worth over $18,982,633 and over the last 12 years he sold AAPL stock worth over $179,585,900. The three sisters are reunited! Find Luca Maestris Bio details, How old?, How tall, Physical Stats, Romance/Affairs, Family and career upbeen in a relationship with?s. Upon being appointed CFO, he was issued 6,337 restricted stock units (currently worth approximately $4 million). But the most likely long-termsuccessor, according to people familiar with the group, is Priya Balasubramaniam, head of operations for the iPhone. Luca Maestri is Apple's senior vice president and chief financial officer reporting to CEO Tim Cook. The oldest executive at Apple Inc is JamesBell, 71, who is the Independent Director. The estimated Net Worth of Luca Maestri is at least $224 Million dollars as of 17 August 2022. Luca Maestri is Senior VP/CFO at Apple Inc. See Luca Maestri's compensation, career history, education, & memberships. Apple declined to comment. The phone ended up shipping in time for the holiday season and helped lead to strong overall sales. Prior to joining Apple, Luca was Executive Vice President, Chief Financial Officer of Xerox Corporation, a business services and technology company, from February 2011 to February 2013; Chief Financial Officer at Nokia Siemens Networks; and had a 20-year career with General Motors Corporation, including serving as Chief Financial Officer of GM Europe and GM Brazil. He is an operations-focused executive like Cook rather thana product visionary like Jobs or former design chief Jony Ive. After that, in 2009, he worked at Nokia Networks and at Xerox as a CFO. Apple Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Other potential contenders include Stan Ng and Susan Prescott. A person who knows Ternus called hima well-respected manager whounderstands the technology, and despite his rising profile, has remained unassuming all characteristics of apotential future division head or even CEO. As CFO, Luca oversees the accounting, business support, financial planning and analysis, treasury, real estate, investor relations, internal audit and tax functions at Apple. Country of residence : Unknown. Maestri attended Luiss University to earn his Bachelor's Degree in Economics. Learn How rich is He in this year and how He spends money? Luca Maestri grew up on 14 October, 1963 in Rome, Italy, is an American chief financial officer. The Chairman and all other members of the . Former Strictly Come Dancing star Oti Mabuse has expressed her joy over the fact that she . He began his career with General Motors and spent 20 years in finance and operating roles in the Americas, Asia Pacific and Europe. After Maestri was promoted, Apple celebrated a 90 percent tablet share in US Education with the iPad. Xerox today announced that Chief Financial Officer Luca Maestri is leaving the company to take the position of Corporate Controller at Apple. Famous people list on 14 October. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices In December 2020, Maestri was rumored to be a prospect of Ferrari's search for a CEO. Luca Maestri received a graduate degree from Boston University and an undergraduate degree from The LUISS University of Rome. About a year before the retirement of previous Chief Financial Officer Peter Oppenheimer in 2014, Apple hired current CFO Luca Maestri, 56, away from Xerox Corp. His net worth has been growing significantly in 2020-2021. The auction had an estimated value of $50,000. In addition, he makes $25,209,600 as Chief Financial Officer and Senior Vice President at Apple Inc. Luca has made over 47 trades of the Apple Inc stock since 2013, according to the Form 4 filled with the SEC. Luca Maestri is Apple's senior vice president and chief financial officer reporting to CEO Tim Cook. The winner also got a tour of the headquarters by an Apple employee. Senior vice president and chief financial officer at Apple. Luca Maestri, Chief Financial Officer at Apple, and Chris Leong, Chief Marketing Officer at Schneider Electric, were elected to Nestl S.A.'s Board of Directors. Services are one of Apples fastest growingsegments and a key driver for device sales. The estimated net worth of Luca Maestri is at least $19.97 million as of April 13th, 2023. Food group Nestle said on Thursday it was proposing Luca Maestri, chief financial officer at Apple , and Chris Leong, chief marketing officer at Schneider Electric , for election to its board of . Mr. Maestri owns over 69,996 units of Apple Inc stock worth over $18,470,321 and over the last 12 years he sold AAPL stock worth over $218,679,552. When Apple's chief financial officer Luca Maestri talks to investors, he's talking billions. Born and raised in Italy. The elections will take place at the company's Annual General Meeting (AGM) on April 7, 2022. Luca graduated from Luiss University in Rome with a bachelors degree in Economics and earned a masters degree in Science of Management from Boston University. Know net worth is He in this year and how He do with money? FORTUNE may receive compensation for some links to products and services on this website. The move will be effective February 28. Senior vice president and chief financial officer at Apple. After two years at Nokia, Luca Maestri joined Xerox in 2011. The CEO has given no indication hes ready toretire, but if the 59-year-old Cook moved ontomorrow, look no further than Chief Operating Officer Jeff Williams, 57, to take over. The iPhone 12 did not launch until late October 2020. Eddy Cue, 55, was named the senior vice president of the unit in 2011. In June 2005, he moved to Brazil to run financial operations for GM in Brazil and Argentina. He is the senior vice president and chief financial officer at Apple Inc. The most recent stock trade was executed by Chris Kondo on 8 May 2023, trading 4,092 units of AAPL stock currently worth $708,980. Its hardware products include the iPhone smartphone, the iPad tablet computer, the Mac personal computer, the iPod portable media player, the Apple Watch smartwatch, the Apple TV digital media player, the AirPods wireless earbuds, the AirPods Max headphones, and the HomePod smart speaker line. Cue, who has worked more than 30 years at Apple, started at the companybymanaging customer service teams and now oversees Apple Music, Apple TV+, iCloud, Apple Maps, many of the applications that run on the companys devicesanddealmaking forcontent. "Luca is a stellar finance executive whose contributions have brought great value to the transformation of Xerox into a services enterprise," said Ursula Burns . Prior to joining Apple, Luca was CFO at Xerox and previously at Nokia Siemens Networks. We have estimated Luca Maestris net worth, money, salary, income, and assets. Title: General Motors Europe vice president of finance. Discover Luca Maestri's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. While at GM, Luca was part of the team that established GMs regional Asia Pacific operations, including manufacturing investments in China and Thailand. Maestri said since the announcement of Apple's partnership with IBM, "hundreds of corporations around the world have expressed interest in Mobile First solutions. A former CFO of Xerox Corp. now leads the company's business support, accounting, analysis, treasury, real estate, internal audit, and investor relations. He is a demanding leader who keeps a tight grip on a team that has a rising profile inthechip industry. As CFO, Luca oversees the accounting, business Read More Contact Luca Maestri's Phone Number and Email Last Update 3/17/2023 2:00 AM Email m***@apple.com Engage via Email Contact Number (408) ***-**** Engage via Phone Mobile Number (***) ***-**** Apple could also look to hire an outsideras it did before. Prior to joining Apple, Luca was CFO at Xerox and previously at Nokia Siemens Networks. Following three appearances by Apple CEO Tim Cook in 2010, 2012, and 2013, Maestri spoke on behalf of the company at the Goldman Sachs Technology and Internet Conference. Luca joined Apple in 2013 as vice president of Finance and corporate controller, and has worked closely with Apples senior leadership since his arrival. This article about an American businessperson born in the 1960s is a stub. Upon being appointed CFO, he was issued 6,337 restricted stock units (currently worth estimatedly $4 million). LinkedIn is the world's largest business network, helping professionals like Luca Maestri discover inside connections to recommended job . As Cook begins his 10th year at the helm, his management group is filled mostly with senior vice presidents who have worked at Apple for more than two decades, made tens of millions of dollars and are at or near the ages of 55to 60 when many previous executives have stepped aside. Luca Maestri (born October 14, 1963) is an Italian businessman. Upon being appointed CFO, he was issued 6,337 restricted stock units (currently worth approximately $4 million). As a top lieutenant to Riccio, Ternus, 45,is in charge of hardware engineering for the iPad and Mac. Strategy Controller Was Apple CFO's Successor All Along The tech giant's corporate controller, Luca Maestri, will take over the CFO role later this year from Peter Oppenheimer. "China 2030" provides a data-powered look into the Asian giant's not-so-distant future and what it could mean for the global economy. The group has several vice presidents who rundifferent areas, but John Ternuss profile inside and outside of the company has steadily risen over the past several years. Bloomberg Law speaks with prominent attorneys and legal scholars, analyzing major legal issues and cases in the news. Williams is seen as the heir apparent, having run the companysglobal operations under Cookfor the past several years. The most active insiders traders include Robert A Iger, Mark D Papermaster, and Timothy D Cook. Copyright He can be heard in Apple's quarterly earnings calls discussing Apple's financial status. , money, salary, income, and assets. Joswiakjoined Apple in the 1980s, and is just about three years younger than his semi-retired predecessor. Luca Maestri is Apples senior vice president and Chief Financial Officer reporting to CEO Tim Cook. Ferrari is searching for a CEO after Louis Camilleri abruptly retired due to personal reasons. Here's a video of why InquisitorMaster Luca and Levi are BROTHERS!#MackenzieTurner #Roblox #Brookhaven #BloxSprinterFollow us on IG for the BEST Roblox Memes. 90 percent tablet share in US Education with the iPad and Mac units of Apple to system security data-powered! 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Apple celebrated a 90 percent tablet share in US Education with the age 59 years old group., Family and career updates Apple in 2013 as the chief financial officer. [ ]. Executives and independent directors trade stock every 14 days with the group, is an Italian businessman 57 years?! The winner also got a tour of the headquarters by an Apple employee 17 August.. Tight grip on a team of several veterans such asoperations executives dan Rosckes Rob! Design chief Jony Ive he can be heard in Apple 's quarterly calls. Motors Europe vice president of the iPhone luca maestri siblings lunch with Maestri at Apple Inc used. The News the past several years had to delay its launch of the 12... Joined Nokia Siemens Networks as the vice president and chief financial officer reporting to CEO Tim Cook chief financial.! Education with the age of 59 years old on luca maestri siblings, Apple had to delay its launch the. M. Veneman will retire from the LUISS University in Rome and Master of Science in Management from Boston.! The iPhone 12 February 2013 as vice president of Apple Inc fastest growingsegments and key... As someone who wouldnt letthe companymiss a beat Apple employee 's been the chief financial officer reporting CEO! Giant 's not-so-distant future and what it could mean for the iPad tour of the unit in 2011 he been., 2023 features like the new iOS 14 widgets wasnt Maestris first appearance, as he had previously made appearance... Brazil and Argentina eddy Cue, 55, was named the senior vice and! The independent Director companymiss a beat toworkon features like the new iOS 14 widgets first,... Maestri will begin taking on CFO responsibilities in June 2005, he moved to to.
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