Daily Morning News

Apple's new CFO, Kevan Parekh ?

Apple Inc. has appointed Indian-origin engineer Kevan Parekh as its new Chief Financial Officer, replacing Luca Maestri. Parekh, who currently serves as the Vice President of Financial Planning and Analysis at Apple, will officially assume the role on January 1, 2025. With 11 years of experience at Apple, he has been instrumental in shaping the company's financial strategy and operations.

The appointment of Kevan Parekh as CFO comes as part of a planned succession following Luca Maestri's transition to Corporate Services teams. Parekh's extensive experience and contribution to Apple's financial strategy and operations make him well-suited for the role.

This move marks the second significant executive change by the tech giant in the past week. Kevan Parekh's transition to the role of CFO underscores Apple's commitment to a smooth leadership transition and continued financial success.