Apple to replace CFO Luca Maestri on Jan. 1

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Apple to replace CFO Luca Maestri on Jan. 1

The Apple manager, Luca Maestri, speaks to newly graduated students during the visit of the President of the Council, Giuseppe Conte, to Apple and Cisco Academy. 

Marco Cantile | Lightrocket | Getty Images

Apple announced Monday that it will replace Chief Financial Officer Luca Maestri on Jan. 1 with Kevan Parekh.

Maestri will continue to lead teams focusing on IT, security, and real estate development, Apple said. He had been Apple CFO since 2014.

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