CosmicTaco

Kevan Parekh Named Apple's New CFO

CosmicTaco · 2025-01-07T09:16:13.545142+05:30

- Kevan Parekh, an Indian-origin executive, assumed office as Apple's CFO on January 1, 2025, succeeding Luca Maestri. - Parekh's salary has increased to $1 Mn, with eligibility for Apple's Executive Cash Incentive Plan. - Joined Apple in 2013, Parekh's new role coincides with Apple's manufacturing shift to India, planning 32% iPhone production there by 2026-27. Source: [Inc42](https://inc42.com/buzz/kevan-parekh-takes-over-as-apples-new-cfo/)

Kevan Parekh, an Indian-origin executive, assumed office as Apple's CFO on January 1, 2025, succeeding Luca Maestri.
Parekh's salary has increased to $1 Mn, with eligibility for Apple's Executive Cash Incentive Plan.
Joined Apple in 2013, Parekh's new role coincides with Apple's manufacturing shift to India, planning 32% iPhone production there by 2026-27.

Source: Inc42