JPMorgan Shakes Up Succession Race for Jamie Dimon With Two New Presidents

JPMorgan Shakes Up Succession Race for Jamie Dimon With Two New Presidents Joseph De Avila Thu, June 25, 2026 at 2:35 PM GMT+2 1 min read JPM Doug Petno and Troy Rohrbaugh of JPMorgan Chase in 2025. - Amir Hamja for WSJ JPMorgan Chase named Doug Petno and Troy Rohrbaugh as co-presidents of the company, putting them in the lead as candidates to succeed Chief Executive Jamie Dimon. "The changes announced today mark an important step in our Board's thoughtful process around succession planning and development of our top leaders," Dimon said.

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Going forward, Petno will become sole head of the commercial and investment bank, and Rohrbaugh will lead consumer and community banking. Marianne Lake, the current leader of consumer and community banking is set to retire after more than 25 years with the company, JPMorgan said. Updates to follow as news develops.

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