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Apple Chief Financial Officer Peter Oppenheimer has joined the Board of Directors of investment banking firm Goldman Sachs. Oppenheimer is an independent director for the company, and this has no effect on his current leadership position at Apple (update he just retired, oh well).

“Peter’s 25 years of broad experience across important industries will add a valuable perspective to our Board of Directors,” said Lloyd C. Blankfein, Chairman and CEO.  “We appreciate his willingness to serve as a director and look forward to benefitting from his judgment and counsel.”

As an experienced CFO, Oppenheimer’s financial aptitude will likely be beneficial for the investment behemoth. “Oppenheimer will be a member of each of the firm’s Audit, Risk, Compensation and Corporate Governance, Nominating and Public Responsibilities committees,” according to Goldman Sachs…

Other top Apple executives serve on the Boards for other firms. Apple CEO Tim Cook still sits on Nike’s Board, while Apple Senior VP of Internet Software and Services Eddy Cue is a member of car company Ferrari’s Board of Directors. A profile of Steve Jobs indicated that the Apple co-founder was against his senior leadership sitting on the Boards of other firms.

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2 Responses to “Apple CFO Peter Oppenheimer joins Goldman Sachs Board of Directors”

  1. rtdunham says:

    “Oppenheimer will be a member of each of the firm’s Audit, Risk, Compensation and Corporate Governance, Nominating and Public Responsibilities committees,”

    Well, that shouldn’t take much of his time…

  2. dsni2 says:

    Watch and see how long it takes Goldman Sachs to put a deal in place for Apple acquisitions (they will lead or be a big part of $$). They will be whispering in PO’s ear all along the way. Now they have a direct in. Goldman Sachs is drooling over the huge money they can extract from Apples cash balances and future business.