GE taps Carolina Dybeck Happe for CFO role

GE named Carolina Dybeck Happe as the group's new chief financial officer on Monday, taking over from outgoing CFO Jamie Miller in "early 2020".

Dybeck Happe will join GE from AP Moller-Maersk, where she was instrumental in driving strategic and structural change amidst significant market disruption.

As CFO, Dybeck Happe will lead GE's global finance organisation and financial activities including accounting and controllership, financial planning and analysis, tax, investor relations, internal audit, and treasury.

She will also lead GE's digital technology and global operations functions from her office in GE's Boston headquarters.

Chairman H Lawrence Culp said: "She is a high-impact executive who brings a compelling blend of strategic and capital allocation discipline, well-honed operating skills, and transformational leadership abilities.

"She will be a strong partner as we execute our deleveraging plan and improve our operating results to position GE for sustainable, long-term value creation"

As of 1640 GMT, GE shares were up 1.73% at $11.73 each.