JPMorgan COO Daniel Pinto to Retire by End of 2026, Jennifer Piepszak Named Successor; Jamie Dimon Likely to Become Chairman

Jan 14, 2025, 01:56 PM

JPMorgan Chase has announced that Daniel Pinto, its Chief Operating Officer and President, will step down from his roles in June and retire at the end of 2026 after over four decades with the bank and its predecessor. Jennifer Piepszak will succeed him as the new Chief Operating Officer. This transition comes amidst speculation about the future leadership of the bank, with Jamie Dimon, the current CEO, indicating he is likely to become chairman once he steps down from his CEO position.