JPMorgan CEO Jamie Dimon Signals Imminent Retirement
Dimon suggests departure timeline is now less than five years, with succession plans advancing.
- Dimon, 68, has led JPMorgan Chase for nearly two decades, transforming it into the largest U.S. bank by assets.
- Potential successors include Jennifer Piepszak, Troy Rohrbaugh, Marianne Lake, and Mary Erdoes.
- Dimon may stay on as chairman after stepping down as CEO, according to recent comments.
- The bank's board has been actively planning for succession, moving key executives into new roles.
- Dimon highlighted ongoing challenges in the banking sector, including regulatory pressures and economic risks.