On August 26, 2024, Apple announced that Luca Maestri, the company's Chief Financial Officer, will transition from his role on January 1, 2025. Maestri, who has been pivotal in doubling Apple's revenue and significantly boosting services revenue during his tenure, will continue to lead the Corporate Services teams, reporting directly to CEO Tim Cook. Apple's Vice President of Financial Planning and Analysis, Kevan Parekh, will acquire the position of Chief Financial Officer and become a member of the executive team as part of this planned succession. Parekh, a veteran of Apple's finance leadership with over a decade of experience, is recognized for his deep understanding of the company and strong financial insight.
Apple, known for its groundbreaking innovations such as the iPhone, iPad, and Mac, continues to lead the world in personal technology. The company’s software platforms and services, including iOS, macOS, and Apple Music, create a seamless experience for users across its devices. With over 150,000 employees, Apple remains committed to producing the best products on earth and striving to leave the world better than it was found. As Maestri transitions to his new responsibilities, the company looks forward to Parekh's leadership in sustaining Apple’s financial strength and innovation.
