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JPMorgan Shakes Up Dimon Succession Race With Two New Presidents

JPMorgan Chase named Doug Petno and Troy Rohrbaugh as co-presidents. This leadership change follows the retirement of long-term executive Marianne Lake. The move positions Petno and Rohrbaugh as primary candidates to eventually succeed CEO Jamie Dimon.

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What changed

The bank replaced Marianne Lake with two new co-presidents to refine the CEO succession race.

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  1. JPMorgan Appoints Co-Presidents in CEO Succession Shift

    JPMorgan Chase named Doug Petno and Troy Rohrbaugh as co-presidents. This leadership change follows the retirement of long-term executive Marianne Lake. The move positions Petno and Rohrbaugh as primary candidates to eventually succeed CEO Jamie Dimon.

    What's confirmed:

    • JPMorgan appointed Doug Petno and Troy Rohrbaugh as co-presidents.
    • Marianne Lake is retiring from the bank after a 25-year career.
    • The appointment of Petno and Rohrbaugh is intended to identify successors for CEO Jamie Dimon.

    Still unconfirmed:

    • Jennifer Piepszak does not want to succeed Jamie Dimon as CEO.
    • The current succession race is all-male.
    confidence 95%