Workflow
Apple's CFO Transition Underscores Evolving Role of Back-Office Leadership
AAPLApple(AAPL) PYMNTS.com·2025-01-06 16:26

It is the first Monday of 2025, and at least one thing is already different: Apple’s finance function. The world’s largest company, with a $3.27 trillion market cap, has a new CFO.Kevan Parekh, formerly Apple’s vice president of financial planning and analysis, has officially replaced Luca Maestri at the helm of the biggest enterprise back office in existence, per a recent 8-K filing with the U.S. Securities and Exchange Commission (SEC).The news comes as Apple is approaching a $4 trillion valuation based o ...