Jony Ive and Apple's CFO Luca Maestri may be contenders in Ferrari CEO position

Ferrari's CEO Louis Camilleri retired at 65 last week and now the exotic carmaker is in search of a new CEO to take over the reins of the legendary brand as it navigates its transition to hybrid technology. A recent Reuters report cites Apple's chief financial officer Luca Maestri as one of the possible candidates. Long-time Apple industrial designer Jony Ive, who left Apple years ago to form his own studio LoveFrom was also mentioned as a potential candidate.

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Apple CFO confirms new iPhones coming late by a 'few weeks'

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As the rumours have suggested, it looks like the next-generation iPhones will be arriving late after all. Apple's Chief Financial Officer Luca Maestri confirmed during a customary post-earnings conference call that new iPhones would come later than usual. He said, "As you know, last year we started selling new iPhones in late September. This year, we project supply to be available a few weeks later." While the company doesn't release all new iPhones when it holds its launch in September, it will be the first time all iPhone models will miss this release window. It isn't even clear if the company will host a launch event for the phone in the same month, or wait until the new phones are ready. At this point, it's an unexpected outcome from an unexpected year.

Source: Engadget

Apple's CFO Peter Oppenheimer to retire by end of September

Apple announced that Peter Oppenheimer, Apple’s senior vice president and CFO, will retire at the end of September. Luca Maestri, Apple’s vice president of Finance and corporate controller, will succeed Peter as CFO reporting to Apple CEO, Tim Cook. Peter will transition the CFO role to Luca in June and the balance of his responsibilities over the remaining time allowing for a professional and seamless transition. 

Fore many reporters and business analysts covering Apple, Oppenheimer is usually the voice they hear running down the highlights of various Apple earnings call each quarter. Oppenheimer just recently accepted a position in the Board of Directors of Goldman Sachs.

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