Apple Inc.’s departing chief financial officer Peter Oppenheimer presided over a sales boom that filled company coffers with a record cash pile. His successor, Luca Maestri, inherits a company stung by slowing growth and increasing scrutiny of how it handles that hoard.
Apple Inc., targeted by Greenpeace International over its energy consumption, said its 500,000- square-foot data center in Maiden, North Carolina, will be powered entirely by renewable sources by the end of the year.
Four of the five highest-paid employees at Standard & Poor’s 500 companies aren’t chief executive officers. They’re Apple Inc. senior lieutenants receiving compensation packages designed to keep management intact in an increasingly competitive industry.