Delta names Daniel Janki as CFO, was previously a GE executive

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Delta Air Lines Inc.
DAL,
-0.44%
disclosed Friday that it named Daniel Janki as its chief financial officer, effective July 12. Janki was previously at General Electric Co.
GE,
+1.30%,
as chief executive of GE Power Portfolio. Delta said Janki will start with a base annual salary of $650,000, but will also receive a $1.5 million signing bonus and an initial stock award valued at $4.5 million to start vesting after his first year. Delta’s long-time CFO Paul Jacobsen left the company in late-2020 to join General Motors Co.
GM,
+2.18%.
Delta’s stock rose 0.6% in premarket trading. It has climbed 12.9% year to date through Thursday, while the U.S. Global Jets ETF
JETS,
-0.35%
has advanced 16.3% and the S&P 500
SPX,
-0.08%
has gained 10.7%.

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