Apple Names Kevan Parekh As New Finance Chief Ahead of Product Launch

Apple announced that its Chief Financial Officer (CFO) Luca Maestri will transition from his current role on January 1, 2025. Following a planned succession, Kevan Parekh, Apple’s vice president of financial planning and analysis, will become Chief Financial Officer as well as join the executive team.

Kevan Parekh has been at Apple for 11 years and currently leads Financial Planning and Analysis, G&A and Benefits Finance, Investor Relations, and Market Research.

Apple CEO Tim Cook said, “For more than a decade, Kevan has been an indispensable member of Apple’s finance leadership team, and he understands the company inside and out. His sharp intellect, wise judgment, and financial brilliance make him the perfect choice to be Apple’s next CFO.”