Who is Kevan Parekh, The New Indian-Origin Apple CFO

Aug. 28, 2024

This big leadership change comes right ahead of Apple’sbiggest launch eventof the year, where we’ll get to see new iPhones, Apple Watches, AirPods 4, and more. This also includesApple Intelligence features, which will help the giant compete with rivals in the AI league and drive more sales.

Who is Kevan Parekh?

The 52-year-old executive is currently serving as Apple’s Vice-President of Financial Planning and Analysis and oversees important functions like Investor Relations, Financial Planning, and Market Research. During these 11 years, Parekh played a key role in its financial strategy and operations,reportedBloomberg.

Kevan Parekh has a strong technical and business background. Before joining Apple, Parekh held senior leadership roles at Thomas Reuters and General Motors.

Apple CEO Tim Cook praises Kevan Parekh for his incredible financial expertise and deep understanding of the company.

“For more than a decade, Kevan has been an indispensable member of Apple’s finance leadership team, and he understands the company inside and out. His sharp intellect, wise judgment, and financial brilliance make him the perfect choice to be Apple’s next CFO.”– Tim Cook

Luca Maestri also expressed his confidence in Kevan’s abilities as he prepares himself for his new role at Apple.

“I’m looking forward to the next stage of my time at Apple, and I have enormous confidence in Kevan as he prepares to take the reins as CFO. He is truly exceptional, has a deep love for Apple and its mission, and he embodies the leadership, judgment, and values that are so important to this role.”– Luca Maestri

Well, Apple isn’t the only major tech giant doing CFO transitions. Recently, Meta and Alphabet have also appointed new leaders, indicating a new era across Silicon Valley.