JPMorgan’s Piepszak exits CEO race to become operations chief, incumbent COO Daniel Pinto to retire in 2026
2 days ago

JPMorgan’s Piepszak exits CEO race to become operations chief, incumbent COO Daniel Pinto to retire in 2026

Live Mint  

JPMorgan Chase's Jennifer Piepszak, long seen as a strong contender to succeed CEO Jamie Dimon, exited the race on Tuesday and opted to become the chief operating officer of the biggest U.S. bank instead. Piepszak will succeed Daniel Pinto, a top lieutenant of Dimon and a four-decade veteran at the investment bank. The changes Tuesday spotlight three other executives: Marianne Lake, who runs consumer and community banking; Troy Rohrbaugh, 54, co-head of the commercial and investment bank; and Doug Petno, 59, who will succeed Piepszak running the CIB alongside Rohrbaugh. Her appointment positions her as a key contender for the CEO role alongside other notable leaders, including Troy Rohrbaugh, head of the commercial and investment bank; Marianne Lake, CEO of consumer and community banking; and Mary Erdoes, CEO of asset and wealth management.

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Jamie Dimon’s Succession Race Just Lost a Top Candidate
Trending News
1 day, 20 hours ago

Jamie Dimon’s Succession Race Just Lost a Top Candidate

Live Mint  

-- Jamie Dimon, who turns 69 in March, will one day retire as chief executive officer of JPMorgan Chase & Co. The latest development saw Jennifer Piepszak, co-head of the corporate and investment bank since last year, promoted to chief operating officer, taking over from Daniel Pinto, who plans to retire by the end of 2026 after more than four …

Wall Street CEO who 'privately' backed Harris has been advising Trump for 'months': report
1 month, 2 weeks ago

Wall Street CEO who 'privately' backed Harris has been advising Trump for 'months': report

Raw Story  

Wall Street CEO Jamie Dimon has been playing both sides of the ideological divide for a long time, according to The Daily Beast — and in particular has been having policy advice talks for "several months." According to sources who spoke to the New York Post, "the two men have been having 'no-holds-barred conversations,' which have continued after Trump won …

JPMorgan CEO Jamie Dimon breaks silence on Trump win and issues message about cabinet role
2 months, 1 week ago

JPMorgan CEO Jamie Dimon breaks silence on Trump win and issues message about cabinet role

Daily Mail  

JPMorgan Chase CEO Jamie Dimon broke his silence today over Donald Trump's US presidential election win. JPMorgan Chase CEO Jamie Dimon congratulated Donald Trump for defeating Kamala Harris in the US presidential election In the statement from JPMorgan Chase on Wednesday, executives from the bank referenced a message from Dimon as polls closed on Tuesday night. Dimon privately backed Harris …

JPMorgan CEO Jamie Dimon issues ominous warning about US economy
7 months, 3 weeks ago

JPMorgan CEO Jamie Dimon issues ominous warning about US economy

Daily Mail  

Jamie Dimon - head of the world's biggest bank JPMorgan Chase - has said that he cannot rule out a 'hard landing' for the US economy. Dimon's warning comes after an analyst who works for him at JPMorgan warned the stock market could soon become volatile - despite reaching record highs this year. Dimon's comments come after JPMorgan's chief market …

In pay hike, JPMorgan Chase CEO Jamie Dimon gets $36 million salary for 2023
11 months, 4 weeks ago

In pay hike, JPMorgan Chase CEO Jamie Dimon gets $36 million salary for 2023

Hindustan Times  

JPMorgan Chase & Co. raised Chief Executive Officer Jamie Dimon’s pay to $36 million for 2023, a year in which the bank notched the highest profit in the history of American banking. JPMorgan Chase CEO Jamie Dimon The board granted Dimon a $1.5 million salary and $34.5 million of performance-based incentive compensation, according to a regulatory filing Thursday. “The firm …

Bill Ackman calls on JPMorgan CEO Jamie Dimon to run for US president elections
1 year, 7 months ago

Bill Ackman calls on JPMorgan CEO Jamie Dimon to run for US president elections

Live Mint  

Billionaire hedge fund manager Bill Ackman has said that said JPMorgan Chase & Co CEO Jamie Dimon should run for US president in upcoming presidential elections. During an interview with Bloomberg TV, Dimon was asked if he would ever consider public office, he replied saying, “I love my country, and maybe one day I'll serve my country in one capacity …

JPMorgan boss Jamie Dimon hints he might pursue a political career
1 year, 7 months ago

JPMorgan boss Jamie Dimon hints he might pursue a political career

Daily Mail  

Embattled JPMorgan Chase boss Jamie Dimon has hinted at a potential run for office, and has already gained the support of at least one fellow Wall Street boss. But Dimon's message comes as he faces two separate civil lawsuits alleging that JPMorgan executives allowed and benefitted from Jeffrey Epstein's child sex trafficking. Dimon is currently facing two separate civil lawsuits …

’Banking crisis not over,’ JPMorgan CEO on possibility of ’2008’ like recession
1 year, 9 months ago

’Banking crisis not over,’ JPMorgan CEO on possibility of ’2008’ like recession

Live Mint  

In a recent letter to shareholders, JPMorgan Chase & Co CEO Jamie Dimon expressed his concerns about the ongoing U.S. banking crisis and its potential long-term effects. "The current crisis is not yet over, and even when it is behind us, there will be repercussions from it for years to come," Dimon wrote Storm clouds are still threatening the economy …

JPMorgan CEO Dimon warns of recession in 6 to 9 months - Report
2 years, 3 months ago

JPMorgan CEO Dimon warns of recession in 6 to 9 months - Report

Live Mint  

JPMorgan Chase & Co Chief Executive Jamie Dimon said the United States and the global economy could tip into a recession by the middle of the next year, CNBC reported on Monday. "These are very, very serious things which I think are likely to push the U.S. and the world — I mean, Europe is already in recession — and …

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