Updated
Updated · Fortune · Jul 13
Jamie Dimon Maps Post-CEO Plans at 70 as JPMorgan Succession Race Narrows
Updated
Updated · Fortune · Jul 13

Jamie Dimon Maps Post-CEO Plans at 70 as JPMorgan Succession Race Narrows

3 articles · Updated · Fortune · Jul 13

Summary

  • Jamie Dimon said he expects a busy second act after leaving JPMorgan, with plans that could include writing a management or financial-crisis book, teaching, and possibly a media venture.
  • The 70-year-old CEO is sketching those plans as he prepares to step down in about three years, while saying he could remain chairman for a couple of years if the board agrees.
  • JPMorgan's succession contest has tightened after consumer-banking chief Marianne Lake exited the bank and COO Jennifer Piepszak indicated she does not want the top job.
  • Doug Petno and Troy Rohrbaugh, the bank's co-presidents, have emerged as the leading internal contenders to succeed Dimon at the $890 billion lender he has led for more than 20 years.

Insights

Will JPMorgan’s next CEO pivot from Dimon’s geopolitical focus back to core banking?
Can JPMorgan's strategy break China's mineral dominance with US costs 70% higher?