About

Luca Maestri served as Apple's Senior Vice President, Chief Financial Officer until January 1, 2025, when he transitioned the CFO role to Kevan Parekh as part of a planned succession. He continues to report to CEO Tim Cook and lead Apple's Corporate Services teams, including information systems and technology, information security, and real estate and development. He was a named executive officer for fiscal 2025.

Roles

Apple Inc.
Former Senior Vice President, Chief Financial Officer · Current role
2025–present
Apple Inc.
Senior Vice President, Chief Financial Officer · Transitioned from the CFO role as part of a planned succession.
to January 1, 2025

Fixed Compensation

FY 2025
Base salary
$819,231
TypeFixed annual base salary

Performance Compensation

Data from FY 2025

Cash incentive

Cash Incentive Plan
$1,638,462
MetricNet sales and operating income (equal weighting)
Target Opportunity
$819,231
Maximum$1,638,462
AchievementApple exceeded maximum goals for both measures; paid at 200% maximum

Stock awards

Stock awards
$13,003,031
FormPerformance-based and time-based RSUs (50/50 performance/time)
SharesPSUs target 10,976 (max 21,952); time-based 43,902
Grant date fair valuePSUs $3,002,595; time-based $10,000,437
VestingTime-based RSUs vest over four years; performance-based RSUs vest based on Apple's relative TSR for the performance period ending September 25, 2027 (0%-200% of target)

Also at Apple Inc.

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