Apple moves its deal team back under the CFO after seven years
Steve Smith replaces Adrian Perica after more than a decade and will report to chief financial officer Kevan Parekh, returning mergers and acquisitions to the finance division for the first time since 2019, five months after Parekh abandoned the cash policy that had limited what Apple could spend
Via TNW | Apple
Apple is moving its mergers and acquisitions team back under chief financial officer Kevan Parekh, who ended the company’s net cash neutral policy in May in a move analysts read as room to buy things. It also promoted Carson Oliver to run the App Store, a job that is now mostly about European regulation.
Apple is moving its mergers and acquisitions team back under the chief financial officer for the first time since 2019. Steve Smith, a longtime lieutenant, replaces…
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