Apple Appoints New Treasurer in Wave of Executive Promotions

  • Company names financial executive Michael Shapiro to the role
  • Software, marketing and chip executives promoted to VP jobs
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Apple Inc. named Michael Shapiro as its new corporate treasurer, enlisting a veteran member of its treasury team and the company’s Braeburn Capital cash-management arm following the recent retirement of Gary Wipfler, according to people familiar with the matter.

The move is a part of a wave of promotions at Apple, which also elevated key software, marketing and chip executives, said the people, who asked not to be identified because the changes haven’t been announced.