JPMorgan Chase shuffles top leaders as race to succeed Jamie Dimon drags on
Publishing timestamp: 2024-01-26 08:05:17
Summary
JPMorgan Chase has changed and expanded the roles of several executives who were considered potential successors to CEO Jamie Dimon. Jennifer Piepszak, co-head of the consumer bank, will now become co-head of the commercial and investment bank along with Troy Rohrbaugh. Marianne Lake, Piepszak's former partner, will transition to being the sole CEO of the consumer bank. These changes are aimed at giving Piepszak and Lake more experience as the succession race at the bank continues. It is unclear if there is a front-runner for the CEO position or if Dimon intends to leave soon.
Sentiment: NEUTRAL
Tickers: JPM,
Keywords: business news, jamie dimon, breaking news: investing, investment strategy, financials, breaking news: markets, jpmorgan drn, banks, breakingnewsglobal,
Source: https://www.cnbc.com/2024/01/25/jpmorgan-chase-shuffles-top-leaders-under-jamie-dimon.html