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Peter Oppenheimer

From Wikipedia, the free encyclopedia

Peter Oppenheimer
Born1963
EducationCalifornia Polytechnic State University (BA)
Santa Clara University (MBA)
Known for1st CFO of Apple
Board member ofGoldman Sachs
SpouseMary Beth

Peter Oppenheimer is the former senior vice president and Chief Financial Officer of Apple Inc. and has been a member of the board of directors of Goldman Sachs since 2014.

Oppenheimer spent 18 years at Apple, reporting directly to CEO Tim Cook and serving on the company's executive committee. As CFO, Oppenheimer oversaw the controller, treasury, investor relations, tax, information systems, internal audit, facilities, corporate development, and human resources functions. He retired from Apple in 2014.

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Transcription

The Learn by Doing philosophy of Cal Poly had two very large impacts on my life and my career, and I think, who I am. First, I had two internships with Wells Fargo and that caused me to vector my career more directly into corporate finance. The second experience that I had was through the enterprise projects through the ag school. I loved the couple of years that I spent on the feedlot project and in the meats project. Peter brings to life that intersection between the University and private industry. And I have been a participant in his passion and dreams to help Cal Poly be the very best it can be. Recently, Dean Thulin wanted to rebuild the Meat Processing Center and Mary Beth and I were very proud to be the largest donors to the facility and today, Cal Poly has the best meat processing center of any college campus in America and we are so proud that the students today are getting such a great experience in this state of the art center. People often ask me what Peter is like. He's a quiet, thoughtful leader who's driven, intelligent, giving of his time and money. He has a passion and love for his family, for Apple and for Cal Poly. I sit on the Foundation Board and the President's Council and we are working very hard to raise more funds to improve the student experience even more and Mary Beth and I are also very involved in the meal voucher program, helping students that are in need so they can continue to be successful while on campus and we'll look to help in any other way that we can. Peter, thanks so much for all you do for Cal Poly and for The College of Agriculture, Food and Environmental Sciences. On behalf of all of us in the college, I want to say we look forward to many more great years working with you and Mary Beth.

Education

Oppenheimer attended California Polytechnic State University where he was a member of the Alpha Gamma Rho fraternity. He graduated with a BA in Agricultural Business in 1985,[1] later receiving an MBA from Santa Clara University, both with honors.

In 2015, Oppenheimer and his wife, Mary Beth, made a $20 million cash donation to Cal Poly, the university's largest to date.[1]

Career

Oppenheimer spent six years in the Information Technology Consulting Practice with Coopers and Lybrand (now PricewaterhouseCoopers) where he managed financial, systems engagements for clients in the insurance, telecommunications, transportation and banking industries. Oppenheimer then joined Automatic Data Processing (ADP), where he was Chief Financial Officer of the Claims Services Division.[2][3]

In 1996, Oppenheimer joined Apple as controller for the Americas. In 1997, he was promoted to vice president and Worldwide Sales controller and then to corporate controller.

On March 3, 2014, Oppenheimer announced that he would be joining the Board of Directors of Goldman Sachs as an independent director. On March 4, 2014, he announced that he would retire from Apple at the end of September, 2014.[4]

References

  1. ^ a b "Peter and Mary Beth Oppenheimer Pledge $20 Million to Cal Poly". Cal Poly. March 3, 2014. Archived from the original on October 11, 2016. Retrieved July 2, 2016.
  2. ^ "Goldman Sachs | Board of Directors - Peter Oppenheimer". Goldman Sachs. Retrieved 2019-01-30.
  3. ^ "Apple's Peter Oppenheimer to Retire at the End of September". Apple Newsroom. Retrieved 2019-01-30.
  4. ^ Sarah Rabil (March 3, 2014). "Apple CFO Oppenheimer to Retire as Maestri Set to Succeed". Bloomberg. Retrieved March 4, 2014.


This page was last edited on 30 August 2023, at 11:59
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