Dimon narrows JPMorgan succession to two as Lake exits
TL;DR Summary
Jamie Dimon has reshaped JPMorgan Chase’s CEO succession, narrowing the field to two candidates—Doug Petno and Troy Rohrbaugh—and sidelining Marianne Lake, who has left after remaining in the running. Rohrbaugh will run the retail business, Petno will lead the combined commercial and investment bank, and Dimon plans to stay on as executive chair for a period. The moves reinforce Dimon’s grip on the bank’s future as its stock climbs to new highs.
- Jamie Dimon upends succession race at JPMorgan again Financial Times
- JPMorgan Shakes Up Dimon Succession Race With Two New Presidents WSJ
- Transcript: Jamie Dimon succession race narrows Financial Times
- JPMorgan’s Lake exits as Petno, Rohrbaugh named co-presidents Banking Dive
- JPMorgan loses a key figure in the race to succeed CEO Jamie Dimon Yahoo Finance
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