Apple on Monday introduced that longtime Chief Monetary Officer Luca Maestri can be leaving his CFO put up on the finish of this yr. Apple’s new CFO can be Kevan Parekh, who presently serves as vice chairman of Monetary Planning and Evaluation.
Maestri will proceed to work for Apple and lead its Company Companies groups, which embrace company IT, data safety, and actual property and improvement. He’ll proceed to report back to Apple CEO Tim Prepare dinner.
“Luca has been a rare associate 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 Prepare 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 Prepare 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.
