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.