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Form 8-K · Current Report · Filed 2024-08-26

Apple Inc. Announces CFO Transition on January 1, 2025

On August 26, 2024, Apple Inc. announced that its Chief Financial Officer, Luca Maestri, will transition from his role on January 1, 2025. Kevan Parekh, currently Vice President of Financial Planning and Analysis, will succeed him as CFO. Maestri will continue to lead Corporate Services teams, reporting to CEO Tim Cook.

Filer
Apple Inc. AAPL · NASDAQ
Filed
Accession
0001140361-24-038601
CIK
0000320193
Signal
High impactTechnology

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

CFO Resignation New CFO Appointed

Market reaction

Close before filing

$226.84

Next session

+0.5%

Since filing

+36.2%

Latest close

$308.91

What happened, not what will happen — closing prices around the filing date.

About Apple Inc.

Apple Inc. is a leading corporation renowned for crafting and delivering a diverse array of technology products on a global scale. Specializing in consumer electronics, Apple’s flagship products include the iPhone, a series of smartphones that have significantly influenced mobile communication. Complementing this is their line of Mac computers, which blend powerful processors with the macOS operating system distinguished for its sleek design and robust performance. Apple also offers iPad tablets, noted for their versatility in both personal and professional settings, and wearables such as AirPods and the Apple Watch, which have expanded the company's reach into the personal accessories market. Beyond hardware, Apple operates a robust ecosystem of services like the App Store, a digital distribution platform for apps, and Apple Music, a significant player in the music streaming industry. By constantly innovating in hardware and digital services, Apple Inc. maintains its stature within the consumer technology sector and continues to wield substantial influence over market dynamics and consumer tech trends worldwide.

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