WORLDTECHTechnology SINGLE SOURCE
Apple moves its deal team back under the CFO after seven years
First reported Source: The Next WebLast editorial activity
What happened
Apple is moving its mergers and acquisitions (one company buying another) 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 a software and consumer electronics company based in Cupertino, founded in 1976.
Sources & evidence
- The Next Web Reporting source
Apple moves its deal team back under the CFO after seven years ↗
https://thenextweb.com/news/apple-ma-chief-smith-parekh-europe