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.
📍 Where it landed
JPMorgan Chase promoted two executives, Petno and Rohrbaugh, to co-presidents, setting up a race to succeed Jamie Dimon as CEO. The move follows the departure of Lake, who was also considered a potential successor.
The promotion of Petno and Rohrbaugh to co-presidents establishes them as top contenders for the CEO position.
Epilogue added 43d ago, after coverage quieted.
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What happened
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 46d ago.
The reporting (8)
- Once JPMorgan’s Top Trader, Troy Rohrbaugh Becomes a Favorite to Succeed Jamie Dimon as CEO Barron's · 46d ago
- Why women aren't winning the biggest CEO jobs, from Disney to JPMorgan Fortune · 46d ago
- JPMorgan Looks to Star Dealmaker, Veteran Trader as Dimon Heirs Bloomberg.com · 46d ago
- JPMorgan Chase promotes Petno, Rohrbaugh to copresidents, setting up two more successors for Dimon Pioneer Press · 46d ago
- JPMorgan’s Lake exits as Petno, Rohrbaugh named co-presidents Banking Dive · 46d ago
- The Race To Replace Jamie Dimon Is On. There’s One Big Loss Bloomberg.com · 46d ago
- JPMorgan Chase promotes Petno, Rohrbaugh to copresidents, setting up two more successors for Dimon KRON4 · 46d ago
- JPMorgan names 2 new co-presidents, setting up race to succeed Jamie Dimon Fox Business · 46d ago broke it first
Questions people are asking
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.
People, places & organizations
Topics
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