Tim Cook Introduces Kevan Parekh as Apple's New Chief Financial Officer
Tim Cook's Announcement
Tim Cook, Apple’s CEO, has officially named Kevan Parekh as the new Chief Financial Officer of Apple Inc, replacing Luca Maestri, who will now focus on corporate services. This transition, set for January 1, 2025, underscores Apple's ongoing commitment to strong financial leadership.
Kevan Parekh's Background
With an academic background that includes a Bachelor of Science in Electrical Engineering from the University of Michigan and an MBA from the University of Chicago, Kevan Parekh has the technical skills crucial for this role. Having spent 11 years at Apple, he has operationalized the company's financial strategies as the Vice President of Financial Planning and Analysis.
- Oversees Financial Planning
- Coordinates Investor Relations
- Manages Market Research
Prediction and Support
As an integral part of Apple's finance team, he has impressed Tim Cook with his deep understanding of the company and the financial landscape. Tim stated, “His financial brilliance makes him the perfect choice for CFO.”
Future Directions
With Parekh stepping into the CFO position, his predecessors and current team members reflect a strong consensus about his leadership. Cook and Maestri agree that his understanding of Apple’s mission will guide the company into its next chapter.
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.