JPMorgan Sets Up Dimon Succession With Dual Co-Presidents
JPMorgan named Doug Petno and Troy Rohrbaugh as co-presidents, with Petno becoming CEO of the Commercial & Investment Bank and Rohrbaugh CEO of Consumer & Community Banking, while Marianne Lake retires; the move is part of ongoing succession planning for Jamie Dimon, who could begin transitioning as early as this year but no date has been set.