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5 ‘Extremely’ Qualified Candidates to Succeed Jamie Dimon as JPMorgan’s Next CEO

5 0
16.09.2024

Jamie Dimon, who has served as the CEO of JPMorgan Chase (JPM) since 2005, said at an event in New York that looking for his successor is among his most important tasks right now. The comment came after the banking executive said during a company event in May that his retirement “timetable isn’t five years anymore,” backtracking from his standard answer to previous such questions that his retirement was perpetually five years away.

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That said, Dimon, 68, is in no rush to step down just yet. In 2021, JPMorgan’s board paid him a generous stock bonus to keep him on the job for a “significant number of years.” Dimon, who has also served as the bank’s board chairman since 2007, has said he expects to remain on the board even after he steps down as CEO.

While Dimon’s retirement date is yet to be announced, here are five promising candidates whom the sitting CEO deems as “extremely” qualified for the job:

Daniel Pinto is currently president and chief operating officer of JPMorgan Chase. He is already Dimon’s “hit-by-a-bus” pick for the top job, promising Pinto is ready to take the helm if something were to happen to Dimon.

In 2020, when Dimon was undergoing critical heart surgery, Pinto temporarily stepped in his shoes and helped navigate the bank through the pandemic. Last week, Dimon told investors in Brooklyn that Pinto........

© Observer


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