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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| GE Aerospace | NYSE:GE | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 3.64 | 2.22% | 167.75 | 167.98 | 165.03 | 165.12 | 4,831,568 | 23:45:08 |
From May 2019 to May 2024
By Maria Armental
General Motors Co.'s chief accounting officer is heading to General Electric Co., as the company wrestles with a long-awaited reorganization it hopes will set it on a path to recovery.
Thomas S. Timko, 50 years old, notified GM on Thursday he would be leaving Sept. 7.
GE said Thursday that Jan Hauser -- a former PricewaterhouseCoopers partner who joined the company in 2013 as vice president, controller and chief accounting officer -- had alerted the company two days earlier of her intention to retire.
Ms. Hauser will stay on the job until Mr. Timko joins GE and help with the transition, the company said in a securities filing.
GE didn't disclose financial details of Mr. Timko's contract beyond saying he would receive a sign-on bonus and grants of restricted stock units with a value reflecting compensation forfeited with his former employer. The grants would vest over three years.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
July 26, 2018 19:42 ET (23:42 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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