This Week
  • HBT Architects took a risk and parted with some clients on its new path.

  • East High School teacher and blogger Kelly LaLonde speaks out about education.

  • GM injection: The automaker has invested $150 million here since 2011.

  • Placing a loved one in an elder care facility is not an easy decision for caregivers.

  • Robert W. Hurlbut heads a 1,400-employee business started by his grandparents.

  • The new edition of Explore Greater Rochester is here.

Xerox CFO to depart for Apple post

Rochester Business Journal
January 11, 2013

Xerox Corp. said Friday Luca Maestri, executive vice president and chief financial officer, is leaving the company, effective Feb. 28, to become corporate controller at Apple Inc.

Maestri joined Xerox in February 2011. Prior to Xerox, he served as CFO and member of the executive board of Nokia Siemens Networks Nederland BV.
 
"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 CEO, in a statement. "He's helped strengthen our financial foundation, which will serve his successor, our company and our shareholders well for the long term."

The company has initiated an external search for a new CFO, Burns noted. Maestri will help manage the financial leadership transition until she departs late next month.

The company remains on track to meet its fourth-quarter guidance of earnings per share of 24 to 26 cents and adjusted earnings per share of 28 to 30 cents, Burns said. Xerox is slated to announce its fourth-quarter and full-year results Jan. 24.

(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or e-mail service@rbj.net.
 


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google