Adds Jacobson's compensation, background Oct 30 (Reuters) -
Adds Jacobson’s compensation, background
Oct 30 (Reuters) – Delta Air Traces DAL.N mentioned on Friday Chief Monetary Officer Paul Jacobson would resign from his place, efficient Nov. 15, to hitch Basic Motors GM.N as CFO.
Jacobson, 48, was additionally named the manager vp of GM and can report back to Chief Govt Officer Mary Barra, GM mentioned.
He’ll exchange 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 Traces’ CFO in 2012.
The airline mentioned it will likely be conducting a worldwide seek for a alternative, moreover contemplating inner 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 may embody a base wage of $1 million, the automaker mentioned.
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 expertise sector, the place she was named CFO of on-line funds startup Stripe.
(Reporting by Sanjana Shivdas and Shreyasee Raj in Bengaluru; Modifying by Vinay Dwivedi)
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