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Non-Tech : Airline Discussion Board
JETS 24.93-0.8%Nov 11 4:00 PM EST

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From: Sam10/30/2020 6:15:55 PM
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General Motors hires Delta's Jacobson as new CFO
Oct. 30, 2020 4:39 PM ET|About: General Motors Company (GM)|By: Carl Surran, SA News Editor

General Motors (NYSE: GM) names Delta Air Lines (NYSE: DAL) executive Paul Jacobson as its new Executive VP and CFO to replace Dhivya Suryadevara, who unexpectedly left GM in August for financial technology start-up Stripe.

Jacobson joined Delta in 1997 and became CFO in 2012, selected eight times as the airline industry's best CFO by Institutional Investor magazine's poll of Wall Street analysts.

In his last few months as Delta's CFO, the company raised billions to weather the pandemic, including a $9B debt sale backed by its loyalty program, an industry record.

GM's acting CFO John Stapleton will continue as North America chief financial officer, a position he has held since 2014.

Now read: Delta Deals $5 Billion Blow To Airbus »


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