Apple CFO Luca Maestri to Step Down, Succeeded by Kevan Parekh

• Luca Maestri, Apple's CFO for over a decade, to leave role in early 2025
• Kevan Parekh, VP of financial planning, named as Maestri's successor
• Maestri praised by CEO Tim Cook for financial leadership during tenure
• Apple's market cap surpassed $3tn under Maestri's financial stewardship
• Transition comes as Apple prepares for AI-powered devices and iPhone 16 launch

Source: Financial Times