Xerox CFO joining Apple as Corporate Controller

Friday, Xerox made an announcement that their Chief Financial Officer, Luca Maestri will be joining Apple as a Corporate Controller. He will replace Betsy Rafael, who retired last Fall and had served as Corporate Controller and Principal Accounting Officer. The role of PAO was handed to CFO Peter Oppenheimer. The move will take effect February 28.

Xerox speaks about Maestri:

"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."