Apple Announces CFO Transition: Luca Maestri to Step Down, Kevan Parekh to Take Helm
- Apple's CFO Luca Maestri to be replaced by Kevan Parekh on Jan. 1 - Parekh, current VP of financial planning and analysis, seen as 'perfect choice' by CEO Tim Cook - Maestri to continue leading IT, security, and real estate development teams - During Maestri's tenure, Apple's stock soared over 800% and annual sales more than doubled - Move follows recent CFO changes at other tech giants like Alphabet and Meta Source: [CNBC](https://www.cnbc.com/2024/08/26/apple-to-replace-cfo-luca-maestri-on-jan-1.html)
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Chief Layoff Officer!
Indian Ceos will soon hire CLOs and those INFLUENZA'S FAANG Maama will launch courses for these roles as well.
Paul Vogel joined the company in 2016 as the head of investor relations and was promoted to the position of CFO in 2020.
https://www.ndtv.com/world-news/amid-mass-layoffs-spotifys-chief-financial-officer-announces-exit-4651363