GE Announces CFO Leadership Transition
Boston, July 31, 2019 - GE (NYSE: GE) today announced that GE Senior Vice President and Chief Financial Officer Jamie S. Miller will transition from her role as CFO. GE has initiated a search to identify its next CFO, and Ms. Miller has agreed to remain in her role to assist with a smooth transition.
GE Chairman and CEO H. Lawrence Culp, Jr. said, “I greatly appreciate Jamie’s professionalism, expertise, and many contributions to GE’s significant transformation during this critical time. She has been instrumental in developing our portfolio strategy, furthering our efforts to make GE a more focused industrial company, and spearheading our de-leveraging plan during a challenging period. I thank Jamie for her dedication to GE and her support for a thoughtful transition, and I wish her the best in her future endeavors.”
Ms. Miller said, “I deeply value the opportunities I’ve had at GE over the last eleven years. I have been fortunate to work at this incredible company where I have had the opportunity to expand my capabilities, from CIO to CEO of the Transportation business and as CFO over the last two years. I couldn’t be prouder of the team around me. With the progress we’ve made and the stabilization beginning to take hold, the time is right for my transition.”
With this change, GE Capital President and CEO Alec Burger will now report directly to Mr. Culp. GE SVP and Treasurer Jennifer VanBelle will report directly to Ms. Miller, and to the new CFO once named.
Ms. Miller joined GE in 2008 as Vice President, Controller and Chief Accounting Officer. She went on to become GE's Chief Information Officer where she led the company's global information technology strategy, services, and operations. After two and a half years in that role, she became the President and CEO of GE Transportation. Ms. Miller was appointed SVP and Chief Financial Officer of GE in October 2017. In this role, she has been responsible for leading GE's overall financial activities and global finance organization, including accounting and controllership, financial planning and analysis, tax, investor relations, internal audit and treasury. She also has had operational responsibility for GE Capital and leads the core Digital Technology (DT) function.
GE (NYSE:GE) drives the world forward by tackling its biggest challenges. By combining world-class engineering with software and analytics, GE helps the world work more efficiently, reliably, and safely. For more than 125 years, GE has invented the future of industry, and today it leads new paradigms in additive manufacturing, materials science, and data analytics. GE people are global, diverse and dedicated, operating with the highest integrity and passion to fulfill GE’s mission and deliver for our customers. www.ge.com
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