Daniel Pinto will retire in 2026 while Jennifer Piepszak takes on the role of COO—and has also taking herself out of the running for CEO.
Dimon was benchmarked not only on the performance of the Wall Street giant, but the board's options for his successor.
Jennifer Piepszak will become chief operating officer of JPMorgan, and said she would not seek the chief executive’s job. The current C.O.O., Daniel Pinto, plans to retire.
The 8.3% boost in compensation – after JPMorgan reported record profit – puts Dimon’s pay on par with that of Goldman Sachs CEO David Solomon.
The executive shuffle is the latest twist in the long-running question of who will succeed Jamie Dimon, the longest-serving major US bank CEO.
Jamie Dimon said there's a running list of executives who could replace him as CEO of JPMorgan. The comments followed the latest leadership reshuffle.
Two senior JPMorgan executives, Daniel Pinto and Jennifer Piepszak, have seemingly withdrawn from the running to take over the top job from Jamie Dimon. Two top contenders for the CEO job at ...
The Kirchner Museum in Davos is famed for showcasing expressionist artworks, but on Wednesday night it was best-known for where Jamie Dimon was throwing a big party.
Dimon was benchmarked not only on the performance of the Wall Street giant, but the board's options for his successor.
JPMorgan Chase boosted longtime chief executive Jamie Dimon’s pay 8 per cent to $39mn last year, his largest remuneration at the US bank. The pay rise for Dimon, the longest serving CEO among the biggest US banks, was roughly double the bump he received in 2023.
JPMorgan CEO gets an 8% raise after a record year of profits for the bank.