Apple names insider Kevan Parekh as finance chief in place of Maestri

:Apple on Monday named insider Kevan Parekh as its chief financial officer, replacing Luca Maestri who will transition from the role on Jan. 1, 2025.
Parekh, who will join the company’s executive committee, most recently served as vice president of financial planning and analysis.
The iPhone maker’s shares fell 1 per cent in extended trading.