Xerox CFO Leaving to Join Apple As The Corporate Controller [Updated]

Xerox has just announced that its executive Vice President and Chief Financial Officer - Luca Maestri is leaving the company to join Apple as the corporate controller.

Luca Maestri will be stepping down from his position on February 28.

Here’s a snippet from the press release:

 “Luca is a stellar finance executive whose contributions have brought great value to the transformation of Xerox into a services enterprise,” said Ursula Burns, Xerox chairman and chief executive officer. “He’s helped strengthen our financial foundation, which will serve his successor, our company and our shareholders well for the long term.”

Added Maestri, “I came to Xerox with a strong belief in its strategic direction and I leave with even greater confidence in the company’s rich opportunity as a leader in outsourcing services and document technology. It’s been an incredible learning experience to be part of this major business shift for such a respected brand. I’m proud of our progress, and I know Xerox is on very firm footing for sustainable success.”

As The Next Web points out, Maestri’s role as the corporate controller at Apple would be to establish financial policies, track income and expenses and help Apple make investment decisions. He will most likely be reporting to Apple’s Senior Vice President and Chief Financial Officer Peter Oppenheimer.

Update:

AllThingsD has just reported that Apple has confirmed the hiring of Xerox CFO–Luca Maestri as the company’s corporate controller:

Apple spokesman Steve Dowling confirmed the hire to AllThingsD, saying the company is “thrilled that Luca Maestri will be joining us. He brings more than 20 years of experience in finance and management, and we look forward to working with him.”

HT: The Next Web

  • m Arch Tom’s on Bar N Ass

    why not backgrounding this article with Barbra Streisand music track? from waiter (wait her) @ Xerox ,( just like any italian from southern italy ), to WC (worker class) @ Apple. …but even worse wording such as Apple is “thrilled” Luca is joining soon. Thrilled ? HELLO ! where is the american business? marc