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Apple to Replace CFO Luca Maestri on Jan. 1

Maestri will continue to lead teams focusing on IT, security and real estate development, Apple said.

Luca Maestri speaks to newly graduated students during the visit of the President of the Council, Giuseppe Conte, to Apple and Cisco Academy. Maestri, 60, started his career with General Motors and spent two decades at the automaker, helping to establish its operations in the Asia Pacific region. A year before Porat's move was made public, Meta named Susan Li as CFO, replacing David Wehner, who was becoming chief strategy officer.

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