Luca Maestri is a highly respected corporate executive, best known as Apple Inc.’s Chief Financial Officer (CFO).
As one of the major people driving Apple’s financial operations, Maestri has been instrumental in developing the company’s global strategy and sustaining its position as one of the world’s most valuable corporations.
Maestri has a three-decade career that demonstrates his extensive knowledge of financial management, corporate strategy, and worldwide company operations.
Who is Luca Maestri?
Luca Maestri was born on October 14, 1963, in Rome, Italy. He is an Italian-American executive who has established himself as one of the most powerful CEOs in the technology sector.
Maestri has an economics degree from Luiss University in Rome and a master’s degree in management science from Boston University. His education provided a solid foundation for a career in finance and business management. Maestri’s rise to the top of one of the world’s most powerful organizations demonstrates his hard work, dedication, and smart thinking.
Maestri began his career in the automobile industry, where he spent more than 20 years with General Motors (GM). During his tenure at General Motors, he held various top positions, including CFO of GM Europe, where he oversaw the finances of one of the company’s most important divisions.
His time at GM taught him vital lessons about worldwide financial management, which he would subsequently apply at Apple.
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Net Worth
As of 2024, Luca Maestri’s net worth is expected to be over $300 million. His fortune is partly due to his prominent job at Apple, where he earns a high salary and receives stock options and bonuses.
Given Apple’s success and his position within the company, Maestri’s net worth has gradually climbed over time. In addition to his earnings at Apple, Maestri is likely to have amassed fortune through his past work at big firms such as General Motors and Nokia.
Early Life
Luca Maestri was born and raised in Rome, Italy. Growing born in a city with a rich history and culture, Maestri was drawn to economics and business from an early age. His parents encouraged his scholastic interests, and he thrived in school.
After graduating from high school, Maestri enrolled in Luiss University in Rome to study Economics. He eventually earned a Master’s degree in Science of Management from Boston University, giving him a global perspective on business and finance.
Maestri’s early experiences in Italy, combined with his foreign education, impacted his perspective on business and money. His exposure to other cultures and economic systems offered him a distinct perspective that would be useful in his future profession.
Career
Luca Maestri’s career has been defined by his gradual rise through the ranks of some of the world’s most prestigious corporations. After completing his degrees, Maestri worked for General Motors for nearly two decades, perfecting his financial management talents.
His positions at GM were diverse, with assignments throughout Latin America, Asia Pacific, and Europe. His ability to manage complex financial operations across multiple locations gained him attention and helped pave the path for his future leadership positions.
Maestri joined Apple in 2013 as Vice President of Finance and Corporate Controller. His significant experience managing global financial operations made him an excellent contender for the position. Maestri became Apple’s CFO in 2014, following the departure of then-CFO Peter Oppenheimer. Maestri’s responsibilities as CFO include accounting, business support, financial planning and analysis, treasury, investor relations, internal audit, and tax.
Apple has continued to grow under Maestri’s financial stewardship, achieving record revenue and profitability. He has been key in managing the company’s massive cash reserves, directing share buybacks, and preserving Apple’s financial stability in a fiercely competitive business.
Personal Life
Luca Maestri is a reserved person who tries to keep his personal life out of the spotlight. He is married with children, although little is known about his family. Despite his high-profile position, Maestri has kept a modest profile, focusing solely on his job for Apple.
His ability to juggle a busy career and family life demonstrates his excellent work ethic and dedication to both professional and personal duties.
Maestri is noted for his meticulous approach to work and calm temperament, which have earned him the respect of his peers and coworkers. His leadership style is defined by a strong emphasis on strategic thinking, long-term planning, and a thorough awareness of global markets.
Cars
Given his status and money, Luca Maestri is sure to own a fleet of premium vehicles. However, particular information regarding his car collection is not publicly available.
It is usual for high-level executives to acquire luxury vehicles, and Maestri’s choices may include brands such as Mercedes-Benz, BMW, or Tesla, which are consistent with his professional reputation and success. His selection in automobiles most likely mirrors his simple yet classy attitude.
Real Estate
Luca Maestri’s real estate interests are similarly kept confidential, however he is likely to own high-end residences in the United States and probably Europe. As a wealthy executive, Maestri may possess houses in desirable locales such as Silicon Valley, New York, or his native Italy.
These residences would most likely have modern architecture, ample space, and high-end facilities appropriate for someone of his stature.
Earning Source
Luca Maestri’s principal source of income is his work as Apple’s CFO. His remuneration plan includes a large salary, incentives, and stock options, which all contribute significantly to his net worth.
Apple’s financial success has resulted in substantial pay for its top executives, and Maestri is no exception. In addition to his Apple income, Maestri may have other interests such as stocks, bonds, and real estate that generate additional earnings.
Given his financial history, Maestri is likely to manage his fortune conservatively and strategically, ensuring long-term financial security. His knowledge of global markets allows him to make sound decisions about his investments and financial planning.
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