Apple announced that Kevan Parekh would become its Chief Financial Officer (CFO) effective January 1, 2025 taking over from Luca Maestri. As Parekh organizes a good bulk of the company's financials at Apple now, this shift represents one major stage in control shuffled around for Apple.
Kevan Parekh: Apple's CFO
- Kevan Parekh — Electrical Engineer who is a experienced leader and holds Bachelor of Science degree from University of Michigan and MBA from the Univesity of Chicago.
- 11 Years At Apple (and up through the ranks, initially responsible for financial support across multiple business units)
- Parekh is in charge of financial planning and analysis, investor relations & market research.
- His role expanded after Saori Casey, Maestri's prior deputy, exited the corporate.
- Parekh (featured above): As Apple CFO, Parekh will oversee the company's financials and strategic planning
- This contains decisions on investments and financial plans, as well ensuring he kept close to key partners & stakeholders.
- Parekh's appointment is yet another indication of a growing clout of Indians-origin executives in the top tier companies across the globe.
Month: Current Affairs - September 02, 2024
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