Apple to replace CFO Luca Maestri on Jan. 1

(CNBC) Apple announced Monday that it will replace Chief Financial Officer Luca Maestri on Jan. 1 with current Apple insider Kevan Parekh. Maestri will continue to lead teams focusing on IT, security and real estate development, Apple said. Parekh, the incoming CFO, had been a top Maestri lieutenant as the company’s vice president of financial planning and analysis.

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