University of Michigan Graduate, Kevan Parekh, Set to Succeed Luca Maestri as Apple CFO

Monday, 26 August 2024, 22:20

University of Michigan alum Kevan Parekh is poised to become the next Apple CFO, succeeding Luca Maestri on January 1, 2025. With 11 years at Apple, Parekh has demonstrated financial acumen and leadership. Apple CEO Tim Cook praises his deep understanding of the company.
Indiatimes
University of Michigan Graduate, Kevan Parekh, Set to Succeed Luca Maestri as Apple CFO

Introduction to Kevan Parekh

Apple recently announced that its Chief Financial Officer Luca Maestri will transition from his role on January 1, 2025. The company is set to welcome Kevan Parekh as the new CFO. Currently serving as VP of Finance & Product Marketing, Parekh has been groomed for this pivotal role over the past few months.

Professional Background

According to his LinkedIn profile, Parekh holds a Bachelor’s degree in Engineering from the University of Michigan and completed his MBA at the University of Chicago. With over a decade of experience at Apple, he began his journey leading the financial support of various teams including Product Marketing and Engineering.

Tim Cook's Endorsement

Apple's CEO Tim Cook highlighted Parekh’s integral role within the finance leadership team, stating, “For more than a decade, Kevan has been an indispensable member of Apple’s finance leadership team, understanding the company inside and out.”

Leadership Experience

  • 11 years at Apple
  • Led Worldwide Sales, Retail, and Marketing Finance
  • Senior roles at Thomson Reuters and General Motors

What Lies Ahead

As Parekh prepares for his new role, the financial markets will be keenly observing his strategies and contributions to Apple.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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