---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-000228"
form_type: "8-K"
ticker: "AAPL"
cik: "0000320193"
company_name: "Apple Inc."
filed_at: "2025-01-03T23:59:59+00:00"
generated_at: "2026-05-28T16:17:03.985775+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Apple appoints Kevan Parekh as CFO effective Jan 1, 2025, succeeds Luca Maestri

## Summary
- Kevan Parekh named Senior VP, CFO, effective January 1, 2025; succeeds Luca Maestri.
- Annual salary set at $1 million; eligible for cash incentive plan at 175% of base salary target.
- Awarded 36,767 performance-based RSUs (vest Oct 1, 2027) and 36,767 time-based RSUs (vest in equal installments 2027-2029).
- Performance-based RSUs tied to Apple's total shareholder return vs S&P 500; 0%-200% of target may vest.
- Parekh joined Apple in 2013; prior roles at Thomson Reuters and General Motors.

## SEC filing metadata
- accession: 0001140361-25-000228
- form_type: 8-K
- ticker: AAPL
- cik: 0000320193
- company_name: Apple Inc.
- filed_at: 2025-01-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/320193/000114036125000228/0001140361-25-000228-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/320193/000114036125000228/ef20040370_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-000228
- JSON: https://secwatch.observer/filing/0001140361-25-000228.json
- Plain text: https://secwatch.observer/filing/0001140361-25-000228.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.