GE Transportation’s Miller appointed CFO
Written by Railway Age StaffAmid a tumbling stock price and accelerated cost-cutting, General Electric has named Jamie Miller, President and CEO of locomotive manufacturer GE Transportation, as Chief Financial Officer. Miller succeeds Jeffrey S. Bornstein, who also served as Vice Chair. He will depart GE as of Dec. 31 after 28 years at the company.
The change is the latest move by John Flannery, who was named Chairman and CEO of GE in August, to cut costs and reverse a decline at the storied American industrial conglomerate.
“Jamie’s deep experience in finance, digital technology and business operations make her the right person for this role as GE continues to transform into a digital industrial company,” said Flannery. “We’ve relied on her leadership to manage the business through a tough cycle, and she has consistently delivered for our customers, shareholders and employees.”
Miller joined GE in 2008 as Vice President, Controller and Chief Accounting Officer and later was appointed Chief Information Officer. After two and a half years in that role, she was named President and CEO of GE Transportation.
Separately, GE announced that two additional Vice Chairs, Beth Comstock and John Rice, will retire effective Dec. 31.
