Apple names Indian-origin Kevan Parekh as new CFO
New Delhi, Aug 27: iPhone maker Apple has named Kevan Parekh as its new chief financial officer in a move that adds to the growing roster of Indian-origin executives at C-suites of global firms.
Parekh, 52, will take over the baton from Apple veteran Luca Maestri, who will transition from his role on January 1, 2025.
Maestri will continue to lead the Corporate Services teams, including information systems and technology, information security, and real estate and development, reporting to Apple CEO Tim Cook.
"As part of a planned succession, Kevan Parekh, Apple's Vice President of Financial Planning and Analysis, will become Chief Financial Officer and join the executive team," the Cupertino, California, headquartered Apple said in a statement.
Apple CEO Tim Cook said Parekh's sharp intellect, wise judgment, and financial brilliance make him the perfect choice to be Apple's next CFO.
"For more than a decade, Kevan has been an indispensable member of Apple's finance leadership team, and he understands the company inside and out," Cook said.
Parekh has been at Apple for 11 years and currently leads Financial Planning and Analysis, G&A and Benefits Finance, Investor Relations, and Market Research.
Prior to this role, Parekh led Worldwide Sales, Retail, and Marketing Finance.
He began his tenure by leading the financial support of Apple's Product Marketing, Internet Sales and Services, and Engineering teams.
Before joining Apple, Parekh held various senior leadership roles at Thomson Reuters and General Motors, where he also had extensive global experience.
Parekh is an electrical engineer with a Bachelor of Science from the University of Michigan and an MBA from the University of Chicago.
Maestri said he is looking forward to the next stage of his time at Apple, and expressed confidence over Parekh's transition to the CFO role.
"...and I have enormous confidence in Kevan as he prepares to take the reins as CFO. He is truly exceptional, has a deep love for Apple and its mission, and he embodies the leadership, judgment, and values that are so important to this role," Maestri said.
Reports suggest that over the past months, Parekh has been prepared for the CFO role by Maestri.
Over the past years, many Indian-origin executives have been named to the C-Suite positions of global companies - the ever-expanding list includes Microsoft Chief Satya Nadella; Alphabet CEO Sundar Pichai; Adobe CEO Shantanu Narayen; Tesla chief financial officer Vaibhav Taneja, among others.
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Use AI-based security system to ensure safety of women healthcare personnel: Sharan Prakash Patil
Bengaluru, Sep 13: Karnataka's minister for Medical Education & Skill Development Sharan Prakash Patil on Friday suggested integration of AI technology in the security system to ensure safety of women healthcare personnel across Karnataka, an official release said.
The minister chaired a high-level meeting at Vikasa Soudha to discuss measures aimed at strengthening security at medical colleges, hospitals and hostels. This follows a previous meeting led by Patil to review the current security systems and propose enhancements.
During the meeting, Patil also emphasised the importance of integrating feedback from women healthcare professionals and other stakeholders. “Directors of medical institutions must gather feedback in writing and take concrete steps to implement necessary measures."
Patil suggested that a security audit committee should be formed with monthly meetings to review the safety protocols. Additionally, thorough background checks must be conducted for all security personnel, according to the release.
“To further ensure safety, 24/7 canteen facilities should be available so that women healthcare staff do not need to leave the premises,” the minister said.
Patil also announced that a panel will be formed at the State Secretariat to oversee the implementation of these measures.
B L Sujatha Rathod, Director of Medical Education, provided a detailed presentation on the current security initiatives. The meeting was attended by senior officials, including Mohammad Mohsin, Principal Secretary of Medical Education, Mission Director of National Health Mission Y Naveen Bhat and Venkateshmurthy, Joint Secretary.
ಇಂದು ವಿಕಾಸಸೌಧದಲ್ಲಿ ಮಹಿಳಾ ಆರೋಗ್ಯ ಸಿಬ್ಬಂದಿ ಸುರಕ್ಷತೆಯ ಕುರಿತ ಉನ್ನತಮಟ್ಟದ ಸಭೆಯ ಅಧ್ಯಕ್ಷತೆ ವಹಿಸಿ ಮಾತನಾಡಿದೆ.
— Dr. Sharan Prakash Patil (@S_PrakashPatil) September 13, 2024
ಕರ್ನಾಟಕದಾದ್ಯಂತ ಮಹಿಳಾ ಆರೋಗ್ಯ ಸಿಬ್ಬಂದಿಗೆ ಹೆಚ್ಚಿನ ಭದ್ರತೆ ಹಾಗೂ ರಕ್ಷಣೆ ಒದಗಿಸುವ ನಿಟ್ಟಿನಲ್ಲಿ ಅತ್ಯಾಧುನಿಕ ಕ್ರಮ ಕೈಗೊಳ್ಳಲಾಗುವುದು.
ಪ್ರಸ್ತುತ ಭದ್ರತಾ ವ್ಯವಸ್ಥೆಗಳನ್ನು ಪರಿಶೀಲಿಸಿ ವೈದ್ಯಕೀಯ ಕಾಲೇಜು,… pic.twitter.com/cEsiOYtYm0
