JPMorgan Chase & Co., the biggest U.S. bank, hired former U.S. Army Chief of Staff Ray Odierno to advise Chief Executive Officer Jamie Dimon on issues including international risks and cyber security.
Odierno, 60, a former four-star general, also will provide counsel to the bank’s board and operating committee and represent the New York-based bank with clients, government representatives and policy makers, the firm said Thursday in a statement.
Wall Street firms have recruited government officials and military veterans as they seek to cope with cyber attacks and overseas upheaval. KKR & Co. hired former Central Intelligence Agency Director David Petraeus, another four-star general, to inform investment decisions. Goldman Sachs Group Inc. added Patrick Carroll, formerly of the Federal Bureau of Investigation, to help with compliance, while JPMorgan has added former agents after being attacked by hackers.
“Ray has dedicated his life to serving our country, rising to the top of the Army with proven leadership that delivers results,” Dimon, 59, said in the statement. He’ll “provide significant value to our leadership team, the firm and our clients across a wide range of issues.”
Odierno, bald and towering in height, commanded U.S. forces in Iraq from 2008 through 2010 and also served as an assistant to the chairman of the Joint Chiefs of Staff and military adviser to then-national security adviser Condoleezza Rice.
A native of Rockaway, New Jersey, Odierno graduated from the U.S. Military Academy and earned master’s degrees from North Carolina State University and the Naval War College. After serving in Iraq, where he oversaw the surge of additional American forces in 2007 and 2008, he took on the task of closing the U.S. Joint Forces Command in Norfolk, Virginia.