Apple appoints Kevan Parekh as new CFO

Cupertino (California): Apple has appointed Indian-origin Kevan Parekh as its new Chief Financial Officer (CFO) who will also join the the executive team at the tech giant.

Current CFO Luca Maestri will transition from his role on January 1, 2025, Apple said in a statement.

“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,” said Cook.

“His sharp intellect, wise judgment, and financial brilliance make him the perfect choice to be Apple’s next CFO,” the Apple CEO added.

Before joining Apple, Parekh held various senior leadership roles at Thomson Reuters and General Motors, where he also had extensive global experience.

An electrical engineer with a Bachelor’s of Science from the University of Michigan and an MBA from the University of Chicago, Parekh has been at Apple for 11 years and currently leads Financial Planning and Analysis, G&A and Benefits Finance, Investor Relations, and Market Research.