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Physical Address
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Dorchester Center, MA 02124
Last year, JPMorgan Chase’s investor Day Dimon, the schedule of the departure was “less than five years.” When he asked Monday, Dimon said, “The intention was the same last year.” Nothing has changed. “
Dimon, who saw what the bank saw as a strong leadership pipeline last Monday. Said JPMORGAN CHASE“A very deep benchman, who has a $ 4.4 trillion assets from March 31, and expressed confidence that it would not work independent of serving as the leader of the bank.
JPMorgan Chase CEO is careful not to think about success, but he said he was not choosing. Dimon 69 is relatively young for financial services. Stephen Schwarzman, Chairman and CEO Black stoneBlackrock’s Larry Fink is 72 years old.
“Obviously, it’s up to the board. If I am here for four years or two or three, this is a long time. Is it like many of the world today?” Dimon said.
Dimon’s retirement and who will replace it, the Wall Street conversation is a warm theme. Earlier this year, Dimon said that during a bank Town hall planned to stay in the CEO for several years and then planned to pass the chairman. Fortune declare in March.
“Investors (Ceb Jamie is not fully ready to pass the dimon’s baton,” said Ebrahim Poonawala, A Bank of America May 15 Research Analyst in the research note.
Dimon is one of the most successful Wall Street CEOS. After the seizure of JPMorgan Chase CEO in 2006, the bank’s share price was more than 500%. 52 weeks 52.88 dollars in February 52.88, 52.88 in the level of $ 52.88 due to the bank in February.
“JPM was a best-class bank marked by JPM consistency, growth, efficiency, strength and entrepreneur culture under the current CEO,” said Mike Mayo Wells FargoIn the research note on May 11.
The race was changed early this year when the two plaintiffs were selected. In January, Jennifer Piepszak became the General Director of Operating and tell The bank would not look for the CEO position. Daniel Pinto and Dimon, the President and Coo, were considered the right hand, declared He would take steps in June.
Monday Dimon, Pinto in the end of the investor’s day, “All these years have been these years.” JPMorgan Chase’s “World Class Investment Bank and World Classroom Risk Management Systems”, Dimon said due to the efforts of Pinto.
JPMorgan Chase Investor Day was a listening for three present candidates to replace the dimon. Are leading bidders for Dimon’s position Lake MarianneConsumer and Community Bank (CCB) CEO and Troy RohrbaghThe Co-Chair of Trade and Investment Bank (CIB) wrote the Mayo.
The lake was held in JPMorgan Chase for 25 years and previously been the General Director of Consumer Lending from 2021 to 2021 since 2021 to 2021. Wall Street Journal gossip.
JPMorgan Chase was a 20-year veteran, previously market and securities services and lead macro markets, earnings, foreign exchange, developing market and goods. Rohrbbaugh is low and very accessible, colleagues fortunate last year.
Also in the study Douglas PetnoCEO of both the trade and investment bank. Petno has been working for JPMorgan for 35 years and has recently served as the head of global banking.
“It is a difficult task to successfully work with a large bank, but as a result, if he takes the steers, it will probably start with a stronger hand (although large shoes),” said Mayo.
This story was first displayed Fortune.com