Kevan Parekh

Kevan Parekh
Born1972 (age 51–52)
NationalityAmerican
Alma materUniversity of Michigan (B.S.)
University of Chicago (MBA)
Occupation(s)Vice President , Apple Inc.

Kevan Parekh (born 1972) is the incoming chief financial officer (CFO) of Apple.[1][2][3]

Education

Parekh has a bachelor's of science degree in electrical engineering from the University of Michigan and an MBA degree from the University of Chicago Booth School of Business.[1][2][4]

Career

Before Apple, Parekh worked at Thomson Reuters for over four years and at General Motors for over five years.[1][5][6]

Apple

Parekh has been at Apple for 11 years[7] and is currently the vice president of Financial Planning and Analysis.[8] Before this, he was the head of Worldwide Sales, Retail, and Marketing Finance at Apple.[1] He started his Apple career as the head of financial support of some of Apple's business divisions. Parekh recently got additional responsibilities at Apple when former Apple finance executive Saori Casey left Apple.[5][7][9]

He will replace Luca Maestri as the CFO of Apple from 1 January 2025.[1][3][8]

Parekh will become part of Apple's executive team as its CFO and report to Tim Cook.[9]

References

  1. ^ a b c d e "Apple announces Chief Financial Officer transition". apple.com. Apple. 26 August 2024. Retrieved 27 August 2024.
  2. ^ a b Reuters (27 August 2024). "Apple taps insider Kevan Parekh as CFO, replacing Maestri". reuters.com. Reuters. Retrieved 27 August 2024.
  3. ^ a b "Apple names insider Kevan Parekh as finance chief in place of Maestri". thehindu.com. The Hindu. Reuters. 27 August 2024. Retrieved 27 August 2024.
  4. ^ "Kevan Parekh to take over as Apple CFO next year". fortuneindia.com. Fortune India. 27 August 2024. Retrieved 30 August 2024.
  5. ^ a b D'Cruze, Danny (27 August 2024). "Who is Kevan Parekh? The successor to Apple's long-standing CFO Luca Maestri". businesstoday.in. Business Today. Retrieved 27 August 2024.
  6. ^ Kumar, Abhijeet (27 August 2024). "All you need to know about Kevan Parekh, Apple's new Indian-origin CFO". business-standard.com. Business Standard. Retrieved 28 August 2024.
  7. ^ a b "Kevan Parekh to take over as Apple CFO after Luca Maestri steps down; who is the Indian American? All you need to know". livemint.com. Livemint. 27 August 2024. Retrieved 28 August 2024.
  8. ^ a b Acton, Michael (27 August 2024). "Apple's top finance executive to step down at end of 2024". ft.com. Financial Times. Retrieved 28 August 2024.
  9. ^ a b Gurman, Mark (27 August 2024). "Apple's Maestri to Hand Off CFO Job, Move to Smaller Role". bloomberg.com. Bloomberg News. Retrieved 30 August 2024.