Apple Hires Xerox CFO as Controller, Signaling Succession

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Apple Inc. has hired Xerox Corp. Chief Financial Officer Luca Maestri as its corporate controller, a sign that the iPhone and iPad maker may be considering a succession plan for its own CFO.

Xerox, a provider of printers and business services, has started an external search to replace Maestri, who will depart on Feb. 28, the Norwalk, Connecticut-based company said yesterday in a statement. Maestri was the finance chief at Nokia Siemens Networks before joining Xerox in February 2011.