Reported about 8 hours ago
Daniel Pinto, the COO of JPMorgan Chase, has revealed plans to step down in June 2025 and fully retire by 2026, drawing attention to CEO Jamie Dimon's lack of a clear succession plan. Analysts underscore the importance of Dimon eventually naming a successor, especially as he navigates the bank's challenges. Investor discussions are focused on what Dimon's future leadership transition will entail, as the need for a successor becomes increasingly critical.
Source: YAHOO