Apple Appoints Kevan Parekh as New CFO, Succeeding Luca Maestri

Reported about 2 months ago

Apple has appointed Kevan Parekh as its new chief financial officer, replacing Luca Maestri who will step down on January 1, 2025. This transition comes as Apple prepares for a significant product launch this fall, which analysts believe is crucial for revitalizing sales, particularly in China. Parekh, who has been with Apple for over a decade, previously served as vice president of financial planning and analysis, and is expected to uphold strong capital management and potentially explore acquisition opportunities while Maestri continues to lead corporate services.

Source: YAHOO

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