Apple Appoints New CFO: Who Is Kevan Parekh, Apple’s Indian Origin CFO?

who is Kevin parik Apple's Indian origin CFO Apple has named Indian origin Kevin parik as its new Chief Financial Officer effective January 1st 2025 paric 52 currently serves as Apple's vice president of financial planning and Analysis and will be replacing Loca myri as part of a planned succession plan meanwhile MYRY will be transitioning to a new role within the company parik who has worked at Apple for 11 years is currently charged of financial planning invest relations and Market Research in the past he has led worldwide sales retail and marketing Finance he began his tenure in apple while leading the financial support of Apple's product marketing internet sales and services and Engineering teams Tim Cook Apple's CEO highlighted Park's deep understanding of the company and his exceptional Financial acument for more than a decade Kevin has been an indispensable member of Apple Finance leadership team and he understands the company inside out his sharp intellect wise judgment and financial Brilliance make him the perfect choice to be Apple's next CFO Tim Cook said prior to joining Apple in June 2013 parik had worked with Thompson Reuters and gentle Motors in varied senior leadership roles parik was with Reuters for over four years and held key roles including the Vice President of Finance before signing off as corporate Treasurer meanwhile at General Motors parik was the director of business development in the New York office and served as a regional Treasurer in Zurich Europe the electrical engineer holds a bachelor's a science degree from the University of Michigan and an MBA from the University of Chicago sources have said that parik has been directly reporting to cook on important financial and sales matters for a while recently parik had also overtaken the responsibilities of former Apple Finance executive Sai Casey after she left Sonos as it for my stre also expressed his confidence in Park's capabilities I'm looking forward to the next stage of my time at Apple and I have enormous confidence in Kevin as he prepares to take the Reigns as CFO he's 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 said my stream with Apple's management team nearing 60 years of age many reigs are expected in the near future with several Indian origin Executives likely to take the lead reports also suggest that India born sabii Khan is likely to replace Jeff Williams the chief operating officer of Apple meanwhile K's promotion could see priia balas suban fail his position as a senior vice president of operations with more Indian origin Executives taking the lead in the Silicon Valley

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