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JPMorgan sets a new succession plan but Dimon plans to stay on

JPMorgan has named Petno and Rohrbaugh as co-presidents to sharpen the search for a successor to Jamie Dimon. Dimon intends to remain CEO for several more years. The bank has reshuffled top leadership as one potential heir retired.

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What changed

The bank appointed two co-presidents and established a new succession timeline.

Live updates

  1. JPMorgan Appoints Co-Presidents Amid Dimon Succession Planning

    JPMorgan has named Petno and Rohrbaugh as co-presidents to sharpen the search for a successor to Jamie Dimon. Dimon intends to remain CEO for several more years. The bank has reshuffled top leadership as one potential heir retired.

    What's confirmed:

    • JPMorgan named Petno and Rohrbaugh as co-presidents.
    • The bank is updating its succession planning for Jamie Dimon.

    Still unconfirmed:

    • The bank has set a two-to-three year clock on naming a successor.
    confidence 80%