Xerox CFO Luca Maestri to Join Apple As Corporate Controller

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Luca Maestri Apple Corporate Controller

Office Technology firm Xerox announced early Friday that its Chief Financial Officer, Luca Maestri, will leave the company in February to join Apple as its Corporate Controller. Mr. Maestri, who has been with Xerox since February 2011, will take on accounting and financial responsibilities under Apple CFO Peter Oppenheimer.

Mr. Maestri has served several large companies over the course of his career. After obtaining a bachelor’s degree in economics from Luiss University in 1988 and a master’s degree of science in management from Boston University in 1991, he spent 20 years with the financial division at General Motors in various locations throughout Europe and Asia. Mr. Maestri then moved to Nokia Siemens, where he acted as CFO from 2008 to 2011.

In his role as Corporate Controller, Mr. Maestri will succeed Betsy Rafael, who held the post from early 2008 until her retirement in October 2012.

“Luca is a stellar finance executive whose contributions have brought great value to the transformation of Xerox into a services enterprise,” Ursula Burns, Xerox’s chairman and chief executive officer, said in the statement announcing Mr. Maestri’s departure.

Apple has not yet officially commented on the news.

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