“Apple Inc. has announced that Peter Oppenheimer will retire as the tech giant’s chief financial officer,” Jon C. Ogg writes for 24/7 Wall St.

“This is being called an orderly and planned transition, and the retirement date is being set all the way out at the end of September,” Ogg writes. “Luca Maestri, who is Apple’s vice president of Finance and corporate controller, will replace Oppenheimer as CFO.”

“Any time a CFO retirement comes up, it can create change inside a company,” Ogg writes. “This fresh set of views that could change the way things are handled on the money side of Apple ahead. Perhaps Maestri can convince Tim Cook to be a bit more aggressive financially. Maybe.”

Read more in the full article here.

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