• News
  • Guides
  • Reviews
  • Media
  • About
  • News
  • Guides
  • Reviews
  • Media
  • About
Sign up Now (For Free)

Sign up for our newsletter and receive the latest automotive news in your inbox!

Invalid email address
We promise not to spam you. You can unsubscribe at any time.
Thanks for subscribing!
News
Read Now
  • All News
  • Automakers
  • Automobiles
  • Auto Shows
  • Business
  • EVs & Environment
  • Guides
  • Lawsuits/Legal
  • Regulatory
  • Ride-Sharing
  • Safety & Recalls
  • Technology
Recent
  • The Rearview Mirror: A Sports Car from a Company You've Never Heard Of
  • Analysts Predict Declining Tesla Sales in Q3
  • Overlanding is the New Hotness
  • New Vehicle Sales Increase in September
  • Are EVs Affordable? Only if You’re a Luxury Buyer
  • Honda Takes Wraps Off New All-Electric Prologue
  • Mercedes to Offer True Self-Driving in Late 2023
  • Biden Meets UAW Picketers, Offers Support
  • Ford Halts $3.5B MI Battery Plant; Fain Slams Company
  • An Electric Acura NSX Could Be Coming
Editor’s Choice
    Reviews
    Read Now
    • All Reviews
      • Feeder
    • Classic Cars
    • Concept Cars
    • Convertibles
    • Coupes
    • Crossovers/CUVs
    • Diesel
    • Hot hatches
    • Hybrids
    • Luxury Vehicles
    • Minivans
    • Muscle Cars
    • Pickups
    • Sedans
    • Sports Cars
    • Super Cars
    • SUVs
    Recent Reviews
    • A Week With: 2024 Buick Encore GX Sport Touring AWD
    • A Week With: 2023 Mercedes-Benz EQB 250+
    • A Week With: 2024 Mazda CX-90 Turbo S Premium Plus
    • A Week With: 2024 Mercedes-AMG EQE SUV
    • A Week With: The 2024 BMW i7 xDrive60
    • A Week With: 2024 Alfa Romeo Tonale Veloce AWD
    • A Week With: 2023 Toyota Camry XSE Hybrid
    • A Week With: 2024 Subaru Impreza RS
    • A Week With: 2023 Chevrolet Colorado ZR2 Desert Boss
    • First Drive: 2024 Polestar 2
    Editor’s Choice
      Guides
      Car Warranty
      • Endurance Warranty Reviews
      • BMW Extended Warranty
      • Extended Warranty For Cars Over 100k Miles
      • Extended Car Warranty Cost
      • Subaru Extended Warranty
      • CarShield Reviews
      • CarShield Cost
      • Aftermarket Car Warranty
      • CARCHEX Warranty Reviews
      • Reputable Extended Car Warranty Companies
      • Used Car Warranty Companies
      • Best Car Warranty
      • Is CarShield A Scam?
      • Mercedes Extended Warranty
      • CarShield Plans
      Insurance
      • How To Identify A Car Insurance Company
      • Geico Mechanical Breakdown Insurance
      • How Far Back Does A Car Insurance Company Look
      • Mechanical Breakdown Insurance For Used Cars
      • State Farm Mechanical Breakdown Insurance
      • Mechanical Breakdown Insurance From Progressive
      • Dollar A Day Insurance
      • Auto Insurance For SSI Recipients
      • Car Insurance Rates After A Suspended License
      • Auto Insurance For Salvage Vehicles
      • Average Cost of Dodge Ram 1500 Car Insurance
      • Car Insurance Florida
      • Full Coverage Auto Insurance
      • GrubHub Insurance
      • Amazon Delivery Auto Insurance
      Shipping
      • Car Shipping Companies
      • uShip Reviews
      • Auto Shipping From California To Hawaii
      • Montway Auto Transport Reviews
      • Cheap Car Shipping
      • Easy Auto Ship Reviews
      • Auto Shipping Miami
      • Auto Shipping To Alaska
      • Car Shipping Cost
      • Auto Shipping Hawaii
      • Auto Shipping Puerto Rico
      • Sherpa Auto Transport Reviews
      • Auto Shipping Atlanta
      • Auto Shipping Boston
      • Auto Shipping. Chicago
      About
      • About Us
      • Contact Us
      • Terms of Use
      • Privacy Policy
      • Affiliate Disclosure
      • Sitemap
      TheDetroitBureau.com

      More than just “another” place to find news, reviews, spy shots, commentary, features, and guides about the auto industry. TheDetroitBureau doesn’t stop with the press releases or confuse a few lines of opinion with insightful, in-depth reporting.

      Contact Us

      Like what you see? Have some ideas for making The Detroit Bureau.com even better? Let us know, we’d love to hear your voice.

        Media
        Listen Now
        • Headlight News: All Episodes
        More from TheDetroitBureau
        • Guides
        • Latest News
        • Auto Reviews
        • Podcasts
        Headlight News

        TheDetroitBureau.com’s Headlight News offers a look at the past week’s top automotive news stories, as well as what’s coming up in the week ahead. Check out the week’s top story and our latest review…along with a dive into the past with this week in automotive history.

        home > news > Automakers > GM Names Former Delta Air Lines Executive Paul Jacobson as New CFO

        GM Names Former Delta Air Lines Executive Paul Jacobson as New CFO

        He replaces Dhivya Suryadevara left after holding the job for two years.

        Michael Strong
        Michael Strong , Managing Editor
        Oct. 30, 2020
        General Motors named Paul Jacobson, former Delta Air Lines CFO, to the same role.

        General Motors ended its search for a new chief financial officer landing on Paul Jacobson, who held the same position at Delta Air Lines. Jacobson fills the void created in early August when Dhivya Suryadevara left after holding the job for two years.

        Jacobson starts Dec. 1, taking over for John Stapleton, who was filling in on an interim basis and will remain in his previous role as North America chief financial officer. Suryadevara left GM for the same role at Stripe, an online payment startup.

        “Paul is a great addition to the GM senior leadership team and is dedicated to leading the company for the benefit of all stakeholders – customers, employees, suppliers, communities and shareholders,” said Barra.

        (GM CFO Suryadevara jumping to same job at Silicon Valley startup.) 

        An Auburn University alum, Jacobson opens the Delta Air Lines Aviation Education Building at the university. ©2018, Chris Rank, Rank Studios

        “We share a commitment to teamwork and inclusion as we work toward our vision of a future with zero crashes, zero emissions and zero congestion while delivering a best-in-class customer experience, operational and financial excellence, and disciplined capital allocation.”

        Jacobson, 48, had CFO of Delta since 2012. During his tenure, the company was ranked as one of Fortune magazine’s Top 50 Most Admired Companies for six consecutive years and the top-ranked airline for eight out of nine years.

        “GM’s vision is compelling because it embraces the needs of society, customers and investors, and they are executing an historic technology shift to electrification from a position of strength,” Jacobson said. “I look forward to joining the team and helping them accelerate their plan.”

        (GM names Suryadevara to replace Stevens as CFO.)

        Jacobson, who at one time in his youth wanted to be a pilot, joined Delta as a financial analyst in 1997, taking several positions of increasing responsibility until becoming senior vice president and treasurer. In March 2012, he became chief financial officer.

        He actually had planned to retire earlier this year, but was convinced to stay with the company a bit longer to help them through the early stages of the COVID-19 crisis, before he elected to come to the automaker.

        John Stapleton took on the role of acting global chief financial officer, in August. He’s now the North America CFO.

        Delta CEO Ed Bastian noted Jacobson was “critical to Delta’s initial response to the COVID-19 crisis.” He added Jacobson led the company’s efforts to boost its liquidity and growing the company’s cash reserves to help the airline through the tough times this year.

        “Those who know Paul aren’t surprised at his skill in navigating a crisis,” Bastian said in a statement. “More than a decade ago, he played a crucial role in developing and leading the strategy that regained our investment-grade balance sheet as we rose from the difficult years after Sept. 11, 2001. He has been recognized numerous times as the industry’s top CFO.”

        (GM beats forecast but still in the red for pandemic-hit second quarter.)

        Jacobson is a graduate of Auburn University with a bachelor’s degree in aviation management and later received a Master of Business Administration degree from the Owen Graduate School of Management at Vanderbilt University.

        How to Care for Your Car

        Cheap Car Warranty

        Editor's Choice

        Best Extended Car Warranty

        Editor's Choice
        Recently Published

        The Rearview Mirror: A Sports Car from a Company You’ve Never Heard Of

        Sept. 30, 2023

        Analysts Predict Declining Tesla Sales in Q3

        Sept. 29, 2023

        Overlanding is the New Hotness

        Sept. 29, 2023

        Leave a Reply Cancel reply

        Your email address will not be published. Required fields are marked *

        Share this article:
        © The Detroit Bureau 2023
        • Guides
        • Privacy Policy
        • Terms of Use
        • Affiliate Disclosure
        • Contact Us
        • Sitemap
        Follow Us: