Dimon’s Heir at JPMorgan Still Hazy as ‘Five More Years’ Tick By
- Consumer chiefs Piepszak, Lake are widely seen as frontrunners
- Insiders predict a shuffle may give contenders more experience
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Halfway through Jamie Dimon’s special incentive to stay five more years atop JPMorgan Chase & Co., insiders are predicting more senior leadership changes to help potential successors gather experience.
A management shuffle in mid-2021 put two talented deputies — Jennifer Piepszak and Marianne Lake — into the spotlight as the board prepared to grant Dimon a bonus if he remains chief executive officer another half-decade. But with neither the clear frontrunner, colleagues say the two consumer-banking co-heads will likely need to tackle new assignments before one is ready to run the whole company.