JPMorgan Chase Promotes Potential Successors To Jamie Dimon To Co-Lead Consumer Business - Jennifer Piepszak

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By Victor in Business
Updated 3 years ago

Just two years after Marianne Lake and Jennifer Piepszak were brought onto their most recent roles at JPMorgan, they have been tasked to lead the bank's consumer operations, which accounts for nearly 40% of the company's profits. Gordon Smith, co-president and current leader of consumer and community banking, is stepping down at the end of this year. The two women have been eyed as potential successors to Jamie Dimon, and the move to make them co-leads of such a significant arm of business, overseeing card services, home lending and auto financing divisions, has turned heads.

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