Apple to replace CFO Luca Maestri on Jan. 1

Apple announced that Luca Maestri will step down as CFO on Jan. 1, with his replacement being corporate controller Ruchi Sanghvi, making her the first woman to hold this position at the company. Maestri will transition to a new role as vice president of business planning and corporate finance, bringing his expertise to strategic projects. Sanghvi’s background in finance and technology positions her well to take on the responsibilities of CFO at Apple.

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