The global economic landscape is increasingly complex and unpredictable. One thing remains certain, however: Having a savvy, steady chief financial officer helming the finance function can do wonders for business success.
Understanding how a CFO’s responsibilities have expanded and what qualities are now essential in a CFO is crucial for enterprises looking to grow and win in the 21st century.
Take, for instance, Apple CFO Luca Maestri. Since he was appointed in 2014, the tech giant’s stock value has grown more than 800%.
News broke Monday (Aug. 26) that Apple is undergoing a CFO transition. Kevan Parekh, Apple’s vice president of financial planning and analysis, will replace Maestri Jan. 1, 2025.
After serving as the CFO of Xerox, Maestri joined Apple in 2013 and was elected to the chief finance role within a year of his hiring. He will continue to lead the…