Jamie Dimon jokingly says he plans to stay in – Business News
JPMorgan CEO Jamie Dimon advised a high business convention Thursday that he plans to stay on in the function for “at least” one other 5 years — an oft-repeated chorus from the exec that a spokesperson described as a joke.
The 69-year-old veteran has spent twenty years on the helm of the financial giant, and speak of who will succeed him has long dominated Wall Street chatter.
“I love what I do,” Dimon mentioned in an interview with Carlyle Group founder David Rubenstein, who instantly put that time body to the long-serving chief govt.
JPMorgan CEO Dimon was talking on the 2026 State of American Business Summit. REUTERS
“It’s up to the board how long I do it. As long as I have the energy and the spirit in the eye and the fire in the gut, yeah, I want to do it,” Dimon added.
Dimon has long made a behavior of answering “five years” every time somebody requested when he would step down as CEO, no matter who requested. He lately acknowledged in media appearances that the timeline was shrinking.
“Nothing has changed on timing. He was joking,” a JPMorgan spokesman advised The Post on Thursday.
Marianne Lake — the pinnacle of the financial giant’s shopper and group banking unit and a 25-year veteran of JPMorgan — has been seen as the principle frontrunner to take over from Dimon
Other contenders embrace Doug Petno and Troy Rohrbaugh, co-CEOs of JPMorgan’s investment banking operations, and Mary Erdoes, who leads the firm’s asset and wealth management unit.
