Friday, 22 November 2024
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Business

Apple Names Kevan Parekh as New CFO, Succeeding Luca Maestri

  • Kevan Parekh will become Apple’s CFO on January 1, 2025, replacing Luca Maestri.
  • Parekh has been with Apple for over a decade, currently serving as VP of Financial Planning and Analysis.
  • Maestri will transition to a new role focusing on Corporate Services within Apple.

Kevan Parekh has been appointed as Apple’s new Chief Financial Officer, set to begin his role on January 1, 2025. This change comes as Luca Maestri, who has been instrumental in Apple’s financial growth, transitions to leading Corporate Services.

Parekh has played a crucial role in Apple’s financial planning, investor relations, and market research.

Kevan Parekh Set to Take Over as Apple’s CFO in 2025

Apple Inc. has announced Kevan Parekh as its new Chief Financial Officer, effective January 1, 2025. Parekh, who is currently the Vice President of Financial Planning and Analysis, will succeed Luca Maestri. Maestri, who has been with Apple for many years and played a key role in the company’s financial success, will shift to a new role overseeing Corporate Services.

During his tenure at Apple, Parekh has been responsible for various financial functions, including investor relations and market research. His extensive experience at Apple, combined with his previous roles at Thomson Reuters and General Motors, positions him well for this new leadership role. The transition aligns with Apple’s strategic succession planning.

As Kevan Parekh steps into the CFO role, Apple is poised for continued financial stability and growth under his leadership. Parekh’s deep understanding of Apple’s financial operations and his extensive background in finance will be crucial as the company moves forward.

“For more than a decade, Kevan has been an indispensable member of Apple’s finance leadership team, and he understands the company inside and out.

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