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Apple on Monday introduced that longtime Chief Monetary Officer Luca Maestri will likely be leaving his CFO submit on the finish of this yr. Apple’s new CFO will likely be Kevan Parekh, who at the moment serves as vice chairman of Monetary Planning and Evaluation.
Maestri will proceed to work for Apple and lead its Company Companies groups, which embody company IT, info safety, and actual property and growth. He’ll proceed to report back to Apple CEO Tim Cook dinner.
“Luca has been a unprecedented companion in managing Apple for the long run. He has been instrumental in enhancing and driving the corporate’s monetary efficiency, participating with shareholders, and instilling monetary self-discipline throughout each a part of Apple,” stated Cook dinner in a press launch. “We’re lucky that we are going to proceed to profit from the management and perception which were the hallmark of his tenure on the firm,” stated Tim Cook dinner, Apple’s CEO.”
Maestri grew to become Apple’s CFO in 2013 after he held the identical place at Xerox. his profession began with GM, the place he spent 20 years in finance and operation roles. Parekh additionally joined Apple in 2013. He was Thompson Reuters’ Company Treasurer earlier than becoming a member of Apple.
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