JPMorgan COO Daniel Pinto to Step Down, Jennifer Piepszak Takes Over

The leadership shuffle reshapes the race to succeed longtime CEO Jamie Dimon as the bank navigates succession planning.

Daniel Pinto, JPMorgan's president and COO, will step down from his roles in June 2025 and retire at the end of 2026 after over four decades at the bank.
Jennifer Piepszak, currently co-CEO of JPMorgan's commercial and investment bank, has been promoted to COO but has stated she does not wish to be considered for the CEO role.
CEO Jamie Dimon, who has led the bank since 2006, previously indicated his tenure may end within five years, intensifying speculation about his successor.
Other potential candidates for the CEO position include Marianne Lake, Troy Rohrbaugh, Mary Erdoes, and Doug Petno, all of whom hold senior leadership roles at the bank.
The executive reshuffle highlights JPMorgan's ongoing efforts to prepare for leadership transitions while maintaining stability in its top ranks.