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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

2mo ago1.7K views
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