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In September, Matt Fischer, head of Apple's App Store, announced on LinkedIn that he'd be leaving the company this month after 21 years. He wrote that now was the "right moment to pass the baton ...
The leadership change comes ahead of Apple's multiple product launch this fall season, which analysts have called the biggest software upgrade for the iPhone. It includes artificial intelligence ...
Upon being appointed CFO, he was issued 6,337 restricted stock units (currently worth approximately $4 million). Maestri's official salary is $1 million but he is eligible for Apple's performance-based cash bonus program which increases his salary. In 2014, he took in a salary of $14 million and in 2015, he took in a salary of $25.3 million. [10]
Good morning. The new year means a new finance chief for Apple Inc. Kevan Parekh transitioned from VP of financial planning and analysis into the role of SVP and CFO on Jan. 1.
Kevan Parekh (born 1972) [1] is an American business executive who has been the chief financial officer (CFO) of Apple Inc. since January 2025. [2] [3] [4] Prior to this, Parekh worked in other positions at Apple for eleven years, including as vice president of Financial Planning and Analysis.
Apple also had stronger-than-expected sales of Macs and iPads. The company’s gross margin was 46.9% at the high end of its guidance range and up 70 basis points.
Apple Park is buzzing after Tim Cook and other executives took the wraps off the new iPhone 16 lineup, AirPods 4, AirPods Pro, and the latest Apple Watch Series 10.
Another busy week for investors will be highlighted by central bank news and results from America's biggest public company. ... the S&P 500 is now down about 10% since its July high, with the ...