General Electric names new CFO

By Pouyan Broukhim

General Electric (GE), a US industrial conglomerate, has named its new Chief Financial Officer (CFO) as Jamie Miller, the previous head of the company’s transportation unit.

Miller has been with GE since 2008, having acted as Vice President, Chief Accounting Officer, Chief Information Officer, in addition to her current role, throughout her 10 year tenure with the company.

Miller’s promotion comes as one of a number of changes that new CEO John Flannery has made since being appointed on 1 August, with the CEO also having been made Chairman of the Board this week after Jeff Immelt retired earlier than expected.

See also:

She will replace current CFO and Vice-Chairman Jeffrey Bornstein, a man who has served GE for 28 years. It is the “right time to bring in a new CFO with a fresh perspective to guide GE's ongoing efforts to reduce costs, drive growth, improve our performance, and enhance shareholder value,” Bornstein said.

GE Chairs Beth Comstock and John Rice have also announced that they will be retiring at the years end, in line with the company overhaul and its new era.

Miller’s new appointment as CFO will take effect on 1 November.


Featured Articles

Top 20 essential leadership resources for Black executives

To celebrate Black History Month, here are 20 resources for Black leaders – from business books to leadership coaches to business school exec programs

Broadridge study reveals huge impact of AI on C-suite

Broadridge Financial Solutions spoke to 500 C-suite executives from across the globe, many of whom said AI was significantly changing the way they work

PwC's Kathryn Kaminsky – the role of boards on social issues

As Vice Chair Trust Solutions Co-Leader at PwC, Kathryn Kaminsky says boards play an important role in helping businesses take action on social issues

Why your business needs a Chief Transformation Officer

Leadership & Strategy

12 top AI and ML trends for the enterprise in 2023 – Dataiku

Technology & AI

From NYC to Hong Kong, the rise of the private members' club

Leadership & Strategy