Jamie Miller will become Cargill's first female CFO, having previously broken the glass ceiling at GE.
Carolina Dybeck Happe's background makes her an unusual choice to run finance at the struggling conglomerate, a research report suggests.
CEO Larry Culp hails Jamie Miller's "many contributions to GE’s significant transformation" but says it was time for a CFO change.
GE had been exploring "exit options" but CFO Jamie Miller says it now sees "a lot of upside" for Baker Hughes.
The company also discloses an SEC investigation of the $6.2 billion charge it took for its long-term care insurance business.
The GE veteran says he and new CEO John Flannery concluded that "this is the right time to bring in a new CFO with a fresh perspective."
