Delta Air Lines named General Electric CEO Dan Janki as its new CFO on Friday. The announcement comes as the airline tries to cut losses after the coronavirus pandemic decimated demand for travel.
Former CFO of the airline, Paul Jacobson, left the Atlanta-based airline last year and was appointed CFO of General Motors in October. Gary Chase and Bill Carroll served as interim CFOs at Delta.
Janki, 53, joined General Electric in 1992 and was most recently Senior Vice President and CEO of GE Power Plant. He will join Delta on July 12 and will receive a base annual salary of $ 650,000 and a signing bonus of $ 1.5 million, a Delta statement said. Delta’s shares closed 0.4% at $ 45.21 on Friday and are up 12% so far this year.