Kevan expected to get $1 million (about Rs 8.57 crore) annually as salary
Reportedly apple, the company that makes iPhones, has given a new big responsibility to Indian-origin Kevan Parekh. The company has appointed him as the new Chief Financial Officer (CFO). Kevan took over his job on january 1, 2025. Replacing Luca Maestri after 11 years, Kevan became the first American of indian origin to take over this responsibility. Earlier, while holding the post of Apple's Vice President of Financial Planning and Analysis, Kevan has overseen things like market research to financial planning and investor relations.
Perhaps according to reports, Kevan is expected to get $1 million (about Rs 8.57 crore) annually as salary for this new job. Kevan was appointed for this post in august last year. apple CEO Tim Cook said in a statement issued by the company, "Kevin has been an important member of Apple's finance leadership team. He understands the company very well. Given his understanding, strategic decisions and his ability to handle finance-related work well, he is the perfect choice for this post."
Moreover Kevin joined apple Inc. in 2013. After this, he played an important role in making the company's financial and business plans. Apart from this, his contribution in product development was also important. While being the Vice President of Financial Planning and Analysis of apple Inc., Kevan also oversaw the financial support of the company all over the world. During this time, Kevan played an important role in contributing to many different departments including engineering, iTunes, marketing, retail and sales. Apart from apple, Kevan has also worked with Thomson Reuters and General Motors. He completed his education from Michigan and Chicago. He graduated in Electrical Engineering from the university of Michigan and got his MBA degree from the university of Chicago. He has more than 20 years of experience working with the global finance team in many big companies.