business
JPMorgan loses a key figure in the race to succeed CEO Jamie Dimon
Key takeaways
- The bank's co-CEOs of its commercial and investment bank, Doug Petno and Troy Rohrbaugh, have been elevated to co-presidents, effective immediately.
- Marianne Lake, CEO of JPMorgan's sprawling consumer and community bank, will retire, according to the press release.
- "The changes announced today mark an important step in our Board's thoughtful process around succession planning and development of our top leaders," Dimon said in a statement with the release.
JPMorgan loses a key figure in the race to succeed CEO Jamie Dimon David Hollerith · Senior Reporter Thu, June 25, 2026 at 7:39 PM GMT+7 2 min read JPM JPMorgan Chase (JPM) said Thursday that the company is undergoing a major reshuffling of top management under CEO Jamie Dimon, adding the latest twist to the succession saga at the country's largest bank.
The bank's co-CEOs of its commercial and investment bank, Doug Petno and Troy Rohrbaugh, have been elevated to co-presidents, effective immediately.
Marianne Lake, CEO of JPMorgan's sprawling consumer and community bank, will retire, according to the press release.
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