“Peter Oppenheimer, Apple’s longtime chief financial officer, kept an especially low profile during his tenure,” Verne Kopytoff writes for Fortune. “He rarely spoke publicly beyond the company’s quarterly earnings calls, and happily left the spotlight to Steve Jobs, Tim Cook and other high-profile members of the company’s senior executive team.”

“On Tuesday, Apple announced Oppenheimer’s plans to retire,” Kopytoff writes. “His departure will end one of the most remarkable runs by any chief financial officer, which by the job’s very nature is largely behind the scenes and difficult to isolate from the work of other senior executives. Oppenheimer, 51, played a huge role in Apple’s rise, and during the decade he served as the company’s chief financial officer, Apple blossomed into a huge global business with a $160 billion stockpile of cash.”

Apple Chief Financial Officer Peter Oppenheimer

Apple CFO Peter Oppenheimer

“Of course, ultimate responsibility for day-to-day operations and innovation lies not with the chief financial officer but with chief executive Cook and others on his leadership team,” Kopytoff writes. “Still, Oppenheimer had formidable sway during an 18-year career that spanned Apple’s near bankruptcy and its eventual comeback as the world’s most valuable company.”

Read more in the full article here.

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