Xerox has today announced that Luca Maestri, executive vice president and chief financial officer, is leaving the company on February 28 to become the new corporate controller at Apple. Xerox has credited Maestri for his contributions, which have strengthened the “financial foundation” of the company, it said in a press release today.
“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.”
Maestri will work under Peter Oppenheimer, Apple Senior Vice President and Chief Financial Officer, who was the Cupertino company’s corporate controller back in the nineties. His duties will include establishing financial policies, tracking income and expenses, and helping Apple make investment decisions, The Next Web reports.
Maestri has been with Xerox since February 2011, and before that he was the chief financial officer at Nokia Siemens Networks. Until his departure from Xerox, Maestri will help manage the financial leadership transition of the company.
“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,” Maestri said. “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.”