Luca Maestri (born 14 October 1963) is an Italian businessman. He is

Apple Inc Apple Inc. is an American multinational technology company headquartered in Cupertino, California, United States. Apple is the largest technology company by revenue (totaling in 2021) and, as of June 2022, is the world's biggest company ...

's chief financial officer .

Education

Maestri has a

Bachelor of Economics The Bachelor of Economics (BEc or BEcon), or the "Bachelor of Applied Economics", is a bachelor's degree awarded by many universities and colleges for completion of an undergraduate program in economics, econometrics, or applied economics; th ...

from LUISS University in Rome and

Master of Science A Master of Science ( la, Magisterii Scientiae; abbreviated MS, M.S., MSc, M.Sc., SM, S.M., ScM or Sc.M.) is a master's degree in the field of science awarded by universities in many countries or a person holding such a degree. In contrast t ...

Management Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a Government agency, government body. It is the art and science of managing resources of the business. Management includ ...

from

Boston University Boston University (BU) is a Private university, private research university in Boston, Massachusetts. The university is nonsectarian, but has a historical affiliation with the United Methodist Church. It was founded in 1839 by Methodists with ...

Career

Before Apple

The first global company where Maestri worked was at General Motors. After that, in 2009, he worked at

Nokia Networks Nokia Networks (formerly Nokia Solutions and Networks (NSN) and Nokia Siemens Networks (NSN)) is a multinational data networking and telecommunications equipment company headquartered in Espoo, Finland, and wholly owned subsidiary of Nokia Co ...

and at

Xerox Xerox Holdings Corporation (; also known simply as Xerox) is an American corporation that sells print and electronic document, digital document products and services in more than 160 countries. Xerox is headquartered in Norwalk, Connecticut (ha ...

as a

CFO The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financ ...

Apple

In 2014, after working at Apple Inc. as vice president of Finance and corporate controller, he was appointed CFO of Apple Inc. 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.

References

Living people Apple Inc. executives Xerox people General Motors executives 1963 births Businesspeople from Rome Italian corporate directors Libera Università Internazionale degli Studi Sociali Guido Carli alumni 21st-century Italian businesspeople Boston University School of Management alumni Chief financial officers {{US-business-bio-1960s-stub