DETROIT — General Motors’ chief accounting officer since 2013, Thomas Timko, is leaving the automaker to take the same role with General Electric Co.
The change is effective Sept. 7, according to GM’s U.S. Securities and Exchange Commission 8-K filing. Timko announced his departure Tuesday.
He will join GE as vice president, controller and chief accounting officer.
For just more than a year, Timko, 50, has also been vice president of global business solutions at GM. According to Timko’s biography, he provides oversight for external reporting, technical accounting matters, development of accounting policies, internal controls and the consolidations process.
Before joining GM, Timko was corporate vice president, chief accounting officer and controller at Applied Materials Inc. Before that, he was chief accounting officer and controller at Delphi Automotive.
In the filing, GM did not say when it would name Timko’s replacement. GM had no additional comment.
GE’s filing stated Timko will “receive salary, bonus and equity awards, and will participate in other benefit and compensation plans, at levels consistent with his seniority and scope of responsibility.”
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