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An update from Apple ( (AAPL) ) is now available.
Apple has appointed Kevan Parekh as its new Chief Financial Officer, effective January 1, 2025, succeeding Luca Maestri. Parekh, who joined Apple in 2013, has held several senior roles within the company and brings experience from previous positions at Thomson Reuters and General Motors. He will receive a salary of $1 million and is eligible for the Executive Cash Incentive Plan. Parekh has been awarded both performance-based and time-based restricted stock units, with vesting linked to Apple’s shareholder return performance relative to the S&P 500, as well as standard vesting schedules, indicating a strong incentive alignment with company performance.
More about Apple
Apple Inc. is a leading technology company, renowned for its innovative consumer electronics, software, and services. Its primary products include the iPhone, iPad, Mac computers, and various digital services, with a strong market focus on high-quality and user-friendly technology solutions.
YTD Price Performance: 0.0%
Average Trading Volume: 43,966,929
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $3686B
Learn more about AAPL stock on TipRanks’ Stock Analysis page.
