Delta Air Strains CFO Jacobson To Resign, Be a part of GM As Finance Head

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Delta Air Strains stated on Friday Chief Monetary Officer Paul Jacobson would resign from his place, efficient Nov. 15, to hitch Common Motors as CFO.

Jacobson, 48, was additionally named the manager vice chairman of GM and can report back to Chief Govt Officer Mary Barra, GM stated.

He’ll change John Stapleton, GM’s appearing CFO, who will proceed as the corporate’s North America chief monetary officer, a place he has held since January 2014.

Jacobson took over as Delta Air Strains’ CFO in 2012.

The airline stated it is going to be conducting a world seek for a substitute, moreover contemplating inside candidates. Within the interim, Gary Chase and Invoice Carroll will function co-chief monetary officers.

Jacobson will be a part of GM efficient Dec. 1 with an preliminary annual compensation that can embrace a base wage of $1 million, the automaker stated.

In August, GM’s earlier CFO, Dhivya Suryadevara, one of many auto business’s youngest and highest-ranking executives, jumped ship for Silicon Valley and the know-how sector, the place she was named CFO of on-line funds startup Stripe.

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