TIME Apple

Apple and Goldman Sachs Are Getting a Little Tighter

The Apple logo is pictured at its flagship retail store in San Francisco
Robert Galbraith—Reuters

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Goldman Sachs says it appointed Apple Chief Financial Officer Peter Oppenheimer as an independent director, expanding the size of its board to 13. Goldman Chairman and Chief Executive Lloyd C. Blankfein said in a statement Monday, that Oppenheimer’s “25 years of broad experience across important industries will add a valuable perspective to our board.” Before being named as Apple’s chief financial officer, Mr. Oppenheimer’s roles at the company included serving as corporate controller from 2002 to 2004.

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