CFO Luca Maestri to Depart Apple

Maestri to Transition Out of CFO Role on January 1

Kevan Parekh Expected to Take Over as Top Deputy

Cupertino, California - Apple CFO Luca Maestri announced his departure from the role on January 1, 2025. Maestri has been a senior vice president and chief financial officer at Apple, reporting directly to CEO Tim Cook. As CFO, he oversees accounting, business, and related functions within the company. Maestri will remain with Apple after his departure to facilitate a smooth transition.

Kevan Parekh, Apple's top deputy, is set to take over as CFO on January 1, 2025. Apple shared the official news on Monday, August 26, 2024 at 1:39 pm PT.

Luca Maestri's departure marks a significant change in leadership at Apple. Maestri has been with the company for 25 years, and his departure reflects Apple's commitment to succession planning and developing future leaders.