Business
Dimon succession race puts two women ahead of JPMorgan pack – The Australian Financial Review
Marianne Lake and Jennifer Piepszak are now in contention to one day replace Jamie Dimon after an executive overhaul at the Wall Street titan.
This time does feel different, said Wells Fargo analyst Mike Mayo of the promotions. One of the new two heads of consumer is likely the ultimate next CEO of JPMorgan.
Nobody in global banking is more prominent than Mr Dimon, who was instrumental in building two Wall Street powerhouses – Citigroup and JPMorgan – and has served as the industrys voice since navigating the 2008 financial crisis and setting profit records.
Since taking the helm of JPMorgan at the end of 2005, he has disappointed many…
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