Luca Maestri | |
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Born | (1963-10-14) 14 October 1963 (age 61) Rome, Italy |
Nationality |
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Alma mater | Luiss University (BEc) Boston University (MS) |
Occupation | Business executive |
Known for | Former chief financial officer of Apple, Inc. |
Board member of | Apple |
Luca Maestri (born 14 October 1963) is an Italian-born American business executive. He was the chief financial officer (CFO) of Apple Inc. until the end of 2024. Since 2025, he leads the Corporate Services teams at Apple.
Education
Maestri has a bachelor's degree in economics from Luiss University in Rome, Italy, in 1987 and a Master of Science in management from Boston University in 1991.
Career
Before Apple
The first global company where Maestri worked was at General Motors. After that, in 2009, he worked at Nokia Networks and at Xerox as a CFO.
Apple
In 2014, after working at Apple Inc. as vice president of finance and corporate controller, he was appointed the position of CFO. Along with being the chief financial officer he will also assume the responsibility of principal accounting officer. Upon being appointed CFO, he was issued 6,337 restricted stock units (currently worth approximately $4 million). Maestri's official salary is $1 million but he is eligible for Apple's performance-based cash bonus program which increases his salary. In 2014, he took in a salary of $14 million and in 2015, he took in a salary of $25.3 million. Based on SEC filings, from 2018 to 2020, Maestri's average compensation was $26 million. Maestri stepped down as CFO at the end of 2024.
After relinquishing the CFO role to Kevan Parekh, Maestri heads the Corporate Services teams, reporting to Apple CEO Tim Cook.
References
- "New Apple CFO Luca Maestri's official profile lands on executive leadership webpage". www.appleinsider.com. Quiller Media, Inc. Archived from the original on 14 December 2014. Retrieved 4 December 2014.
- ^ "Apple announces Chief Financial Officer transition". Apple Newsroom. Archived from the original on 2024-08-26. Retrieved 2024-08-26.
- Reuters (27 August 2024). "Apple taps insider Kevan Parekh as CFO, replacing Maestri". reuters.com. Reuters. Retrieved 27 August 2024.
- "Luca Maestri". Nestlé. Archived from the original on 2024-09-13. Retrieved 2024-09-13.
- Chasan, Emily (March 4, 2014). "Luca Maestri's Route To Apple CFO". The Wall Street Journal.
- "Xerox CFO leaving to join Apple". Reuters. January 11, 2013.
- "Luca Maestri". www.bloomberg.com. Bloomberg Businessweek. Archived from the original on March 8, 2014. Retrieved 4 December 2014.
- "Luca Maestri". www.apple.com. Apple Inc. Archived from the original on 4 May 2017. Retrieved 4 December 2014.
- "Luca Maestri". Forbes. Archived from the original on January 17, 2013. Retrieved 4 December 2014.
- "Apple officially appoints new CFO Luca Maestri as Peter Oppenheimer transitions out". AppleInsider. Archived from the original on 2015-12-10. Retrieved 2015-12-09.
- "Compensation Information for Luca Maestri, Senior Vice President, CFO of Apple". Salary.com. Archived from the original on September 5, 2021. Retrieved September 5, 2021.
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- Living people
- Apple Inc. executives
- Xerox people
- General Motors executives
- 1963 births
- Businesspeople from Rome
- Italian corporate directors
- Italian expatriates in the United States
- Libera Università Internazionale degli Studi Sociali Guido Carli alumni
- 21st-century Italian businesspeople
- Boston University School of Management alumni
- Chief financial officers
- American business biography, 1960s birth stubs