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Apple’s Kevan Parekh begins his inaugural CFO role: Trial Balance

Kevan Parekh, who first joined the company in 2013, begins his tenure as finance chief.

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Apple's new chief financial officer will use the same 'CFO playbook' say top analysts—and that's good news for investors

Apple’s new chief financial officer will use the same ‘CFO playbook’ say top analysts—and that’s good news for investors
The new year means a new finance chief for Apple.
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BizToc

Apple’s new chief financial officer will use the same ‘CFO playbook’ say top analysts—and that’s good news for investors

It is the first Monday of 2025, and at least one thing is already different: Apple’s finance function. The world’s largest company, with a $3.27 trillion market cap, has a new CFO. Kevan Parekh, formerly Apple’s vice president of financial planning and analysis, has officially replaced Luca Maestri at the helm of the biggest enterprise back office in existence, per a recent 8-K filing with the U.S. Securities and Exchange Commission (SEC). The n…

PYMNTS.com

Apple’s CFO Transition Underscores Evolving Role of Back-Office Leadership

Months after making the announcement, tech giant Apple has informed its investors that Kevan Parekh assumed office as the company’s senior vice president and chief financial officer (CFO) on January 1, 2025. The Indian-origin executive took over the position from Luca Maestri, who served as the CFO at Apple for ten years. Along with the promotion, Parekh’s annual salary has increased to $1 Mn, the company in a Security and Exchange Commission (S…

Inc42 Media

Kevan Parekh Takes Over As Apple’s New CFO

Apple has confirmed a leadership change within its finance division, with Kevan Parekh set to succeed Luca Maestri as Chief Financial Officer (CFO) effective January 1st, 2025. Parekh, who currently serves as Apple’s Vice President of Financial Planning and Analysis, will join the executive team as part of a planned succession strategy. “Luca has been an extraordinary partner in managing Apple for the long term. He has been instrumental in impro…

TechJuice

Kevan Parekh Becomes Apple’s New Chief Financial Officer

In October last year it was mentioned that the then Apple CFO, Luca Maestri would leave his position to assume another destination within the company, but the concrete thing is that he has renounced the firm, after a decade of providing its services. Following the procedure of rigor, Apple informed [...] The post After ten years in office quit Luca Maestri the key man of the finances of Apple first appeared on TransMedia.

En octubre del año pasado se mencionó que el entonces CFO de Apple, Luca Maestri dejaría su cargo para asumir otra destinación dentro de la compañía, pero lo concreto es que ha renunciado a la firma, luego de una década de prestar sus servicios. Siguiendo el procedimento de rigor, Apple informó a […] The post Tras diez años en el cargo renunció Luca Maestri el hombre clave de las finanzas de Apple first appeared on TransMedia.

Tras diez años en el cargo renunció Luca Maestri el hombre clave de las finanzas de Apple → TransMedia

transmedia.cl

After ten years in office Luca Maestri resigned the key man in Apple’s finances → TransMedia

Apple officially announced a leadership change in its finance division, with Kevan Parekh taking over as the new Chief Financial Officer (CFO). Luca Maestri, who has served as Apple’s CFO since 2014, stepped down from the role on January 1, 2025. He will continue to lead Apple’s Corporate Services teams, including information systems, security, and real estate development, reporting directly to CEO Tim Cook. Kevan Parekh, an 11-year Apple vetera…

Islamabad Post

Kevan Parekh becomes Apple’s new CFO, replacing Luca Maestri - Islamabad Post

Kevan Parekh, who first joined the company in 2013, begins his tenure as finance chief.  Read Moresource The post Apple’s new chief financial officer will use the same ‘CFO playbook’ say top analysts—and that’s good news for investors appeared first on WeirdReads.

weirdreads.com

Apple’s new chief financial officer will use the same ‘CFO playbook’ say top analysts—and that’s good news for investors - WeirdReads

Apple Inc. has announced the appointment of Indian-origin executive Kevan Parekh as its new Chief Financial Officer (CFO), effective January 1, 2025. Parekh succeeds Luca Maestri, who held the role for nearly 11 years. This marks another significant milestone in Parekh’s distinguished career, with an annual salary of $1 million (Rs 8.57 crore) accompanying his new role. Parekh joined Apple in June 2013 and quickly became an integral part of the …

Apple’s Kevan Parekh begins his inaugural CFO role: Trial Balance

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