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JPMorgan names 2 new co-presidents, setting up race to succeed Jamie Dimon

JPMorgan Chase has appointed two new co-presidents, intensifying the competition to succeed CEO Jamie Dimon.

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171160Jun 25 16:54Jun 26 22:28 UTC

The brief

JPMorgan Chase has promoted Petno and Rohrbaugh to the roles of co-presidents. This leadership change occurs as Lake exits the company.

Coverage from Bloomberg, Fox Business, and Banking Dive emphasizes that these appointments set up a race for succession to replace Jamie Dimon. Bloomberg specifically identifies the new co-presidents as a star dealmaker and a veteran trader.

Future developments center on the ongoing race to replace Dimon and the impact of the leadership transition following Lake's departure.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 15h ago.

Quick answers

Who are the new co-presidents of JPMorgan Chase?

The company has promoted Petno and Rohrbaugh to co-presidents.

Who is leaving the company?

Lake is exiting JPMorgan.

What is the significance of these appointments?

The moves are described as setting up the race to succeed Jamie Dimon.

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