Meet Kevan Parekh: Indian-Origin Executive Named Apple’s New CFO With Salary Of Rs …|Economy News

New Delhi: Indian- beginning exec Kevan Parekh has actually made headings as he takes control of as the Chief Financial Officer (CFO) of Apple Inc., efficient January 1, 2025. Parekh enter the duty formerly held by Luca Maestri, that offered for virtually 11 years. Stepping right into his brand-new duty as Apple’s CFO, he will certainly gain a yearly income of $1 million (Rs 8.57 crore), noting one more turning point in his exceptional occupation.

An Impressive Journey at Apple

Kevan Parekh signed up with Apple in June 2013 and has actually given that played a crucial duty in the business’s success. He holds a Bachelor’s level in Electrical Engineering from the University of Michigan and an MBA from the University ofChicago Over the years, Parekh has actually tackled numerous essential duties at Apple, consisting of monetary preparation, financier relationships, and marketing research.

Broad Expertise and Key Mentorship

Kevan Parekh’s proficiency surpasses money, with experience in sales, retail and advertising. He functioned carefully with item advertising and design groups. Bloomberg reports that outward bound CFO Luca Maestri has actually been mentoring Parekh for this duty that makes him an all-natural option as his follower. While Parekh might not be a home name, he is extremely valued within Apple and consistently briefs chief executive officer Tim Cook on crucial monetary issues. .
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Career Before Apple

Kevan Parekh, prior to ending up being Apple’s CFO played a vital duty fit the business’s techniques and procedures throughout numerous divisions. His occupation consists of elderly management functions at Thomson Reuters and General Motors prior to signing up withApple CHIEF EXECUTIVE OFFICER Tim Cook has actually commended Parekh’s sharp intelligence, audio judgment, and deep understanding of Apple.