Rivanshi Rakhrai
Kevan Parekh, an Indian-origin executive, will become Apple’s Chief Financial Officer on January 1, 2025, succeeding Luca Maestri.
Kevan Parekh - Apple’s New CFO
Parekh has been with Apple for over 10 years, joining in 2013 and playing a key role in financial strategy as VP of Financial Planning and Analysis.
A Decade of Service
He holds a B.Sc. in Electrical Engineering from the University of Michigan and an MBA from the University of Chicago. His previous roles include senior positions at Thomson Reuters and General Motors.
Strong Academic and Professional Background
At Apple, Parekh has managed critical financial areas like Worldwide Sales, Retail, and Marketing, contributing significantly to the company’s financial health.
Key Financial Leadership
As CFO, Parekh will continue Apple’s robust capital management and may explore strategic acquisitions to foster growth.
Focus on Capital Management
Luca Maestri will maintain his role in corporate services as Parekh steps into the CFO position. Under Parekh’s leadership, Apple is set for major product innovations.
Transition and Future Outlook
Apple is preparing for a major product launch this fall with significant software updates, including AI features, making Parekh’s new role crucial at this pivotal moment.
Upcoming Product Launch