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Jamie Dimon promotes two potential successors as co-presidents of JPMorgan Chase

JPMorgan Chase has appointed Doug Petno and Troy Rohrbaugh as co-presidents to aid in CEO Jamie Dimon's succession planning. The promotions coincide with the departure of longtime executive Marianne Lake. These moves position Petno and Rohrbaugh as potential successors to the top role.

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What changed

The bank promoted Petno and Rohrbaugh to co-presidents while Marianne Lake announced her departure.

Live updates

  1. JPMorgan Names Doug Petno and Troy Rohrbaugh as Co-Presidents

    JPMorgan Chase has appointed Doug Petno and Troy Rohrbaugh as co-presidents to aid in CEO Jamie Dimon's succession planning. The promotions coincide with the departure of longtime executive Marianne Lake. These moves position Petno and Rohrbaugh as potential successors to the top role.

    What's confirmed:

    • JPMorgan Chase named Doug Petno and Troy Rohrbaugh as co-presidents.
    • Marianne Lake is departing from JPMorgan Chase.
    • The promotions of Petno and Rohrbaugh are part of the board's succession planning for Jamie Dimon.

    Still unconfirmed:

    • Jamie Dimon plans to remain in his role for up to three more years.
    • Marianne Lake will retire at the end of the year.
    confidence 95%