Categories: Apple

Stellantis denies hiring Apple’s Luca Maestri to solve its massive problems

Netherlands car firm Stellantis may be best known for buying Jeep, Dodge, Ram, and Chrysler, but it says it is definitely not buying ex-Apple CFO Luca Maestri.

Luca Maestri — image credit: Apple

Stellantis cars waited until its shares rose before denying reports that it has hired ex-Apple CFO Luca Maestri as its new CEO. And that rise in shares is among the best news it’s had in a while, as its car sales reportedly fell 14% in 2024 — and its profits nearly halved.

In comparison, Maestri went out on a high as Apple’s Chief Financial Officer in October 2024. He has been replaced there by Kevan Parekh, though reportedly Maestri has just moved down the hall at Apple Park and isn’t going anywhere.

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Source: AppleInsider News

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