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Home » AI » Kevan Parekh Net Worth – Apple New CFO; Education, Career, Salary, Parents and LinkedIn Profile

Kevan Parekh Net Worth – Apple New CFO; Education, Career, Salary, Parents and LinkedIn Profile

Kevan Parekh is an Indian-origin business executive who is the current VP of Finance & Product Marketing and is the next Chief Financial Officer (CFO) at Apple Inc.

raya-author-image by Raya
Wednesday, 28 August 2024, 4:30 AM
in AI
Kevan Parekh Net Worth

Kevan Parekh Net Worth

Kevan Parekh is an Indian-origin business executive who is set to take on the role of Chief Financial Officer (CFO) at Apple Inc. Parekh will succeed Luca Maestri who will transition from his role in January 2025. Parekh is currently serving as the VP, of Finance & Product Marketing at Apple. He will assume his role as CFO next year. 

“Kevan has been an indispensable member of Apple’s finance leadership team, and he understands the company inside and out. His sharp intellect, wise judgment and financial brilliance make him the perfect choice to be Apple’s next CFO,” Apple’s CEO Tim Cook said. 

Luca Maestri, expressing his confidence in Parekh, said, “I’m excited about the next chapter at Apple and have full confidence in Kevan as he steps into the CFO role. His passion for Apple and its mission, coupled with his leadership and values, will serve the company well.”

Kevan Parekh joined Apple with a focus on providing financial support to various business units within the company. He initially led the finance teams for Apple’s Worldwide Sales, Retail, and Marketing divisions. Parekh has been with the Fortune 500 company for over 11 years. 

Before joining Apple, Kevan Parekh worked at Thomson Reuters for over four years, and at General Motors, where he worked for over five years.

This article will look into Kevan Parekh net worth, education, career, salary, parents, and more. 

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Kevan Parekh Net Worth and Salary

Unfortunately, we do not have any information available in the public domain on Kevan Parekh’s net worth. We will update this section as soon as we come across any reliable info on his net worth. 

However, based on his experience in top companies like Apple, Thomson Reuters, and General Motors, it can be assumed that Kevan Parekh has accumulated a significant amount of wealth throughout his career. 

Education

Kevan Parekh went to the University of Michigan, earning a Bachelor of Science in Engineering in 1993.

Parekh pursued further education at the University of Chicago Booth School of Business. From 1997 to 1999, he completed his MBA, gaining advanced knowledge in business management, finance, and strategic decision-making. 

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Career

Kevan Parekh’s career began at General Motors, where he spent over five years in various finance and business development roles. From 2004 to 2005, he served as a Manager in the Capital Markets division of the New York Treasurer’s Office. 

He then advanced to become the Director of Business Development within the same office, a role he held from 2005 to 2007. 

His responsibilities expanded when he moved to Zurich, where he served as Regional Treasurer for Europe in 2007.

Two years later, Parekh transitioned to Thomson Reuters, where he held significant leadership positions over four years. Initially, he was the Vice President of Finance for the Professional Division until November 2011. He was then promoted to Corporate Treasurer, a role he held until June 2013.

In June 2013, Parekh joined Apple, where he has been working for over 11 years. At Apple, he has taken on key roles in Finance and Product Marketing, contributing to the company’s continued success from its headquarters in Cupertino, CA. He will assume the role of Apple’s chief financial officer (CFO) succeeding Luca Maestri in January 2025. Reportedly, Parekh has been groomed by Maestri himself for the past few months to take over as the CFO. 

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LinkedIn Profile and Socials

It appears that Kevan Parekh only has an account on LinkedIn and not other social media networking sites. You can follow this veteran Apple executive on LinkedIn. We are linking his profile here: https://www.linkedin.com/in/kevan-parekh-231377/ 

Parents

Unfortunately, Kevan Parekh’s family background and personal details are not available. All we know is that though Parekh has American nationality, he has Indian origin, and thus has Indian parents. 

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FREQUENTLY ASKED QUESTIONS

Who is Kevan Parekh Apple?

Kevan Parekh is an Indian-origin business executive who is the current VP of Finance & Product Marketing and is the next Chief Financial Officer (CFO) at Apple Inc.

Is Kevan Parekh Indian?

Yes, Kevan Parekh, the VP of Finance and Marketing, and the new CFO at Apple Inc, is of Indian origin and has American nationality. 

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Raya

Raya is a tech enthusiast diving deep into New-Age technology, especially Artificial Intelligence (AI) and Machine Learning (ML). She is passionate about decoding the complexities and uses of new-age tech. Raya is on a mission to write articles that bridge the gap between technical jargon and everyday understanding, making AI and ML accessible to a wider audience.

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