● LIVE
Updated 1h ago
· 15 sources tracked
Women Were the Stars of JPMorgan’s CEO Succession Race—Until They Weren’t
JPMorgan has appointed Doug Petno and Troy Rohrbaugh as co-presidents. This move follows the retirement of Marianne Lake, who was a top candidate to succeed Jamie Dimon. The succession field has shifted from including three women to a two-man race.
What changed
Marianne Lake has retired from the bank, removing her from contention for the CEO role.
Live updates
-
JPMorgan Names Co-Presidents as Marianne Lake Exits CEO Race
confidence 90%JPMorgan has appointed Doug Petno and Troy Rohrbaugh as co-presidents. This move follows the retirement of Marianne Lake, who was a top candidate to succeed Jamie Dimon. The succession field has shifted from including three women to a two-man race.
What's confirmed:
- Doug Petno and Troy Rohrbaugh are the new co-presidents of JPMorgan.
- Marianne Lake has retired from JPMorgan.
- The CEO succession race once included Jennifer Piepszak, Marianne Lake, and Mary Erdoes.
Still unconfirmed:
- Doug Petno and Troy Rohrbaugh received $30M retention bonuses each.
- Jamie Dimon confirmed he will remain CEO for at least three more years.