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Apple May Or May Not Be Searching For a New CFO

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Original poster
Apr 12, 2001
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155752-oppenheimer_tosi.jpg


Apple CFO Peter Oppenheimer (left) and Blackstone CFO Laurence Tosi (right)
Bloomberg reports that it has learned from three separate sources that Apple has approached Laurence Tosi of investment firm Blackstone Group about taking on the role of Apple's Chief Financial Officer. Tosi would replace Peter Oppenheimer, who has served as Apple's CFO since 2004.

Tosi has reportedly indicated to Blackstone management that he intends to remain with the investment firm, suggesting that Apple may have to continue searching for a new executive. But in addressing the claims, Apple has gone as far as to state that Oppenheimer is very happy with the company and that Apple is not conducting a search for a new CFO, leading to questions about exactly what is happening behind closed doors.
Tosi told Blackstone CEO Stephen Schwarzman that he plans to stay, rather than join Apple, said two of the people, who asked not to be identified because the talks were private. Steve Dowling, a spokesman for Apple, said the company is "not conducting a CFO search." Current CFO Peter Oppenheimer "loves the company and is extremely happy in his role," Dowling said.
Click to expand...
A similar note provided to All Things Digital by Apple includes a statement that "Peter is not leaving Apple."

Oppenheimer, a fixture on Apple's quarterly earnings conference calls, has helped guide Apple to tremendous financial success over the past six and a half years, with Apple currently sitting on over $50 billion in cash and investments and registering as the world's second-largest publicly-traded company with a market capitalization of over $300 billion.

Article Link: Apple May Or May Not Be Searching For a New CFO
 
Article Link
https://www.macrumors.com/2011/01/06/apple-may-or-may-not-be-searching-for-a-new-cfo/
Option B: They wanted Tosi for some other job at Apple.

Option C: They want to give Oppenheimer a promotion to something else. Remember, they just said he wasn't leaving Apple. They didn't say he wouldn't be doing something different in the future.
 
"May Or May Not Be"

Well yes, I'd say those are really the only two options. :rolleyes:
 
Acquisition?

Possibly a large acquisition in the not too distant future? They do have something like 50 billion in the bank...
 
BREAKING NEWS:

Apple Computer may or may not be working on iRocketship; your very own space craft.

Use your iPhone or iPad as flight controls.

Still no flash, though.
 
"Apple May Or May Not Be Searching For a New CFO"


...that headline's a bit tautologous, don't you think?
 
Wow. What a surprise. Yet another unsubstantiated rumour on macrumors to drive traffic here.
:rolleyes:
I can make up stuff too. Where is my cheque?
 
Board of Directors

Considering how empty Apple Board meetings are these days, I'd say its more likely they were probing him for a potential position there.
 
lol, fantastic headline.

I may or may not be the new Apple CFO.


I'm not
 
Really - With a name like that !

Those guys at the Blackstone are the worst. Please no ! I will sell my 20 thousand shares if that happens.

PS

I think blackstone purchased Hilton , And are slowly killing that brand.
 
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