FORTUNE -- You can't say Peter Oppenheimer didn't earn his keep. During his tenure as Apple's (AAPL) chief financial officer, the company's annual revenue grew from $8 billion in 2004 to $171 billion in 2013.
But he's not leaving empty handed. He earned $2.6 million in 2013, and we still remember the day four years ago that 200,000 of his Apple restricted stock units kicked in and he cleared $46 million.
According to Apple's latest proxy statement, Oppenheimer, 51, still has 175,000 unvested RSUs, 75,000 of which won't have any value unless he sticks around until March 2016. The other 100,000 -- worth $53 million at Tuesday's opening price -- vest on Sept. 21, 2014.
Oppenheimer will retire at the end of September, according to Apple's Tuesday morning press release. From now until June, he will "transition the CFO role." And after that? He will pass on "the balance of his responsibilities over the remaining time allowing for a professional and seamless transition."
As NBC's Jon Fortt points out, there's an unusual level of detail in Apple's press release. Perhaps, Fortt tweets, "So no one gets the wrong idea."
The new CFO, Luca Maestri, came to Apple 12 months ago with 25 years of experience in international finance, most recently at Xerox and Nokia, but most of it at General Motors (GM).
"When we were recruiting for a corporate controller," said Tim Cook, "we met Luca and knew he would become Peter's successor."
Maestri was offered nearly 40,000 RSUs when he joined the company.
A rare look at a key Apple executive who usually stays well out of the limelight.
FORTUNE -- I can't swear that Peter Oppenheimer's nine and a half minutes before the cameras in the attached YouTube video is the first televised press conference of his 17-year career at Apple (AAPL), but I've never seen him do another.
Apple's chief financial officer -- the man in charge of the company's umpteen billions -- is usually MOREPhilip Elmer-DeWitt - Oct 18, 2013 7:05 AM ET
Google's new multicultural CFO Patrick Pichette ran Bell Canada's finances for two years. Image: Bell Canada
By Yi-Wyn Yen
Finding a finance guru to fit into Google's quirky culture isn't easy. Google has spent nearly a year looking for a chief financial officer who not only can keep up with the company's expanding growth opportunities, like mobile communications, but can also roll with offbeat offices and co-founders who invest in space exploration.
But MOREyiwyn - Jun 26, 2008 2:36 PM ET
By Yi-Wyn Yen
For a chief financial officer in Silicon Valley, Google's Georges Reyes has had a smooth ride, what with the search giant's sky-high stock, $13 billion in cash and $225 billion market cap.
Reyes announced in August that he would leave the company by year's end. But Google's quest for a new CFO -- its most high-profile opening since it went public -- hasn't been easy. In fact, Google MOREyiwyn - Dec 13, 2007 8:01 AM ET
|The Deep Web you don't know about|
|Premarkets: Is the market calm here to stay?|
|House panel to investigate GM response to problem linked to 13 deaths|
|Pizza chain Sbarro files for bankruptcy|
|More trouble for Boeing's Dreamliner|