As introduced again in August, Apple’s present CFO Luca Maestri will quickly be transferring to a brand new position on the firm. Through the This autumn 2024 fiscal earnings name, Apple CEO Tim Cook dinner took a while to honor Luca Maestri’s work as CFO, as that is the final name he’ll take part in.
Luca Maestri says serving as Apple’s CFO was a ‘actual privilege’
”Earlier than I hand it over to Luca, with Luca transitioning to a brand new position with Apple, this would be the remaining time he’s becoming a member of our name. take a second to acknowledge his extraordinary service as Apple CFO and to thank him for his partnership,” mentioned Tim Cook dinner throughout the name at present.
“I’m deeply grateful. In his 10 years within the position, Luca has completed actually distinctive work in shaping Apple as we all know it at present. He has helped handle Apple for the long run, thoughtfully and intentionally. He has helped us enrich the lives of so many all over the world, and he has been a frontrunner that individuals look as much as and have discovered a lot from,” Cook dinner added.
Apple’s CEO additionally mentioned that he has “unbelievable confidence” in Kevin Parekh, who has been appointed the corporate’s new CFO.
In response, Luca Maestri thanked Cook dinner for his “very form phrases” and mentioned that serving as Apple’s CFO was a “actual privilege and an incredible journey.”
I’ve vastly appreciated the help from our buyers and the analyst neighborhood over time. Kevin is phenomenal and I do know you’ll take pleasure in interacting with him going ahead.
Luca Maestri was appointed Apple’s CFO in 2014 and has overseen a interval of monumental progress for Apple. He’ll proceed within the position till the top of the 12 months, whereas Parekh will take over as CFO on January 1, 2025. Parekh has been at Apple for 11 years and presently leads Monetary Planning and Evaluation, G&A and Advantages Finance, Investor Relations, and Market Analysis.
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