Investing.com — Apple mentioned Monday that Luca Maestri could be stepping down as chief monetary on Jan. 1, 2025.
Vice President of Monetary Planning and Evaluation Kevan Parekh would succeed Maestri as CFO and be a part of the chief workforce.
Maestri, nevertheless, will proceed to steer the Company Providers groups and report back to Apple CEO Tim Cook dinner.
Lengthy-standing CFO Maestri “enabled important investments and practiced sturdy monetary self-discipline, which collectively helped the corporate greater than double its income, with companies income rising greater than 5 occasions,” Apple mentioned in an announcement.
Apple Inc (NASDAQ:) was down practically 1% in afterhours buying and selling.