Tag

Succession Race

All articles tagged with #succession race

business2 months ago•6 min saved

Dimon narrows JPMorgan succession to two as Lake exits

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.

via Financial Times|

#business #jamie-dimon #jpmorgan-chase

business2 years ago•1 min saved

"JPMorgan Chase Announces New Co-CEOs for Investment Bank in Leadership Shuffle"

JPMorgan Chase announces leadership changes as potential successors to CEO Jamie Dimon are given new or expanded roles, with Jennifer Piepszak and Marianne Lake taking on key positions. The long-running succession race at the nation's largest bank continues, with no clear frontrunner emerging, and uncertainty surrounding Dimon's retirement plans. The shuffle also involves the consolidation of business divisions and the transition of key executives, including Daniel Pinto relinquishing his CEO title while remaining the bank's president and COO.

via CNBC|

#banking-industry #business #jamie-dimon

finance2 years ago•3 min saved

Morgan Stanley Appoints Ted Pick as CEO, Ending Succession Race

Morgan Stanley has announced that longtime insider Ted Pick will succeed James Gorman as CEO on January 1, ending a closely watched succession race. Pick, a 33-year veteran of the company, currently leads the institutional securities division and previously led a turnaround in the fixed-income trading division. Two other executives, Andy Saperstein and Dan Simkowitz, were also given new titles and responsibilities. Gorman will transition to the role of executive chairman. Since Gorman became CEO in 2010, Morgan Stanley's stock has climbed 141%.

via Yahoo Finance|

#ceo #finance #james-gorman

business3 years ago•1 min saved

Morgan Stanley CEO to Step Down, Triggering Succession Race.

Morgan Stanley CEO James Gorman has announced that he plans to step down within the year, sparking a succession race among three internal candidates. Gorman, who has been in the role since 2010, will take on the executive chairman role after stepping down. Morgan Stanley has transformed into a wealth management powerhouse under Gorman's leadership.

via CNBC|

#business #ceo #morgan-stanley