GE names Jamie Miller to replace Jeffrey Bornstein as CFO

(Adds background on Miller, Flannery's appointment, details on vice chairs' retirement)

Oct 6 (Reuters) - U.S. industrial conglomerate General Electric Co said on Friday it promoted Jamie Miller to chief financial officer, effective Nov. 1, replacing Jeffrey Bornstein.

Bornstein, who was also GE's vice chair, will leave the company on Dec. 31, after 28 years of service.

Miller, who was most recently CEO and president of GE's transportation business, joined the company in 2008 as vice president, controller and chief accounting officer.

RELATED: The top companies of 2017, according to Fast Company :

Fast Company's 2017 top companies
See Gallery
Fast Company's 2017 top companies
20. Illumination Entertainment -- For creating a monster out of a Minion

[Illustration: Ollanski]

To see the full list of the World's 50 Most Innovative Companies of 2017, visit Fast Company.

18. Buzzfeed -- For feeding a viral fever

[Illustration: Alexis Facca]

17. Airbnb -- For putting a world of experiences at our fingertips

[Photo: courtesy of Airbnb]

16-11. Dalian Wanda, Huawei, Electronics, BBK, Xiaomi, Tencent, Alibaba -- For ramping up the pace for the world

[Illustrations: Edel Rodriguez]

09. Chobani -- For stirring it up in the grocery store

[Photo: Jason Alden, Bloomberg via Getty Images]

08. Twilio -- For giving apps a voice

[Illustration: Jamie Cullen]

07. Netflix -- For making surfing fun again

[Illustration: Matt Rota]

06. Facebook -- “It’s creativity with technology,” says Facebook’s Sheryl Sandberg of the company’s efforts to develop ad products that drive sales

[Photo: Mark Mahaney]

04. Apple -- For baking in its advantages

[Illustration: Travis Coburn]

03. Uber -- For accelerating autonomous driving

[Illustration: courtesy of Uber]



Previously, she worked at U.S. health insurer Anthem Inc and as a partner at accounting firm PricewaterhouseCoopers LLP.

At GE, Miller also held the role of chief information officer, where she led the company's global information technology strategy, services and operations.

Earlier this week, GE named CEO John Flannery chairman of the board, three months ahead of schedule, after former CEO Jeff Immelt retired earlier than expected from the chairmanship.

The maker of aircraft engines, locomotives, power plants and other industrial equipment also announced that two additional vice chairs, Beth Comstock and John Rice, will be retiring from the company, effective Dec. 31. (Reporting by Ankit Ajmera in Bengaluru; Editing by Martina D'Couto)

Read Full Story