Apple introduced immediately that Chief Financial Officer Luca Maestri will step away from his government position, efficient January 1. Kevan Parekh, Apple’s present VP of Financial Planning, shall be promoted to CFO after 11 years at Apple.
Maestri has been CFO at Apple since 2014, and he’s now transitioning to a unique position within the firm, the place he’ll report on to CEO Tim Cook. Cook stated in a press launch that Maestri will proceed main the company companies staff, which encompasses data safety and actual property.
Apple didn’t present a motive for this shift, however stated that it’s “a part of a deliberate succession.”
