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Goldman Sachs Picks Apple's Chief Financial Officer For Board Director Post
Eliane Chavagnon
4 March 2014
New York-listed has added Peter Oppenheimer – chief financial officer at Apple - as an independent director of the firm, effective immediately. Oppenheimer’s appointment expands Goldman's board to 13 directors, 10 of whom are independent directors. Oppenheimer will be a member of the firm’s audit, risk, compensation and corporate governance, nominating and public responsibilities committees. Oppenheimer is senior vice president and CFO of Apple, the designer and manufacturer of electronic devices and related software services. Before being named CFO of Apple, he was senior vice president and corporate controller between 2002 and 2004. From 1996 to 2002, he served first as senior director of finance and controller for the Americas, followed by stints as vice president and controller of worldwide sales and then vice president and corporate controller. Prior to joining Apple, Oppenheimer was a divisional CFO at Automatic Data Processing, a provider of human capital management and computing solutions. Earlier still, he was a consultant within the information technology practice at Coopers & Lybrand. “Peter’s 25 years of broad experience across important industries will add a valuable perspective to our board of directors,” said Lloyd Blankfein, chairman and chief executive at Goldman Sachs.