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Delta Air (DAL) Names Paul Jacobson as CFO; Promotes More Within Finance Division

March 1, 2012 7:31 AM EST
Delta Air Lines' (NYSE: DAL) announced that Paul A. Jacobson has been appointed to the position of senior vice president and chief financial officer, effective March 1. Jacobson, 40, and currently Delta's senior vice president and treasurer, will report to Delta President Edward H. Bastian.

Jacobson, a 15-year veteran of Delta, will play a key leadership role in delivering industry-leading financial results. Jacobson will join Delta's Corporate Leadership Team and assume responsibilities from Hank Halter, Delta's current chief financial officer, following his decision to retire from Delta.

The following officers also have been named within Delta's finance organization:

Gary Chase will join Delta as senior vice president – Financial Planning & Analysis and Investor Relations. Chase joins Delta from Barclays Capital where he has served as managing director – Equity Research.

Mike Randolfi has been promoted from vice president to senior vice president – Finance and Controller. The 12-year Delta veteran will continue to lead Delta's day-to-day financial operations through the controller organization and also will assume responsibility for Delta's corporate accounting.

Ken Morge, managing director – Assistant Treasurer will succeed Jacobson and be promoted to vice president and treasurer for Delta. In his position, Morge will oversee Corporate Tax, Capital Markets and Risk Management.

Chase, Randolfi and Morge will report to Jacobson.


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