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General Motors on Friday named Paul Jacobson, a top Delta Air Lines executive, as its new chief financial officer, replacing Dhivya Suryadevara who left in August for a Silicon Valley fintech firm. 

Why it matters: Jacobson, 48, had been CFO at Delta, which — like GM — is a major global player in a highly regulated, capital-intensive, cyclical industry. But Delta racked up a strong performance over the past decade, and at GM, he aims to accelerate the automaker's technology shift to electric, self-driving vehicles.

GM poaches CFO from Delta Air Lines

At GM Paul Jacobson aims to accelerate the automaker's shift to electric, self-driving vehicles.

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General Motors on Friday named Paul Jacobson, a top Delta Air Lines executive, as its new chief financial officer, replacing Dhivya Suryadevara who left in August for a Silicon Valley fintech firm. Why it matters: Jacobson, 48, had been CFO at Delta, which — like GM — is a major global player in a highly regulated, capital-intensive, cyclical industry. But Delta racked up a strong performance over the past decade, and at GM, he aims to accelerate the automaker&#x27;s technology shift to electric, self-driving vehicles.

After a record economic expansion, the coronavirus pandemic sent the U.S. economy into a recession as unemployment soared to staggering heights. The country now faces urgent questions about how much stimulus is needed for reeling consumers and businesses, and what a recovery might look like.

GM poaches CFO from Delta Air Lines

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