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  • 5/21/2024
JPMorgan CEO Jamie Dimon signaled that his expected tenure is now less than five years, changing his standard response to retirement questions. Dimon, currently 68 years old, has led JPMorgan for nearly two decades and grown it into the largest bank by assets in the U.S. The timing of Dimon's succession has long been a key question for investors and analysts, given his pivotal role at the company. Dimon said the decision on when he steps down will ultimately be up to the board, but he still has the energy for the job. Dimon stated the company is moving people into positions in an apparent reference to succession planning. Even after retiring as CEO, Dimon is expected to remain as Chairman of JPMorgan after retiring as CEO
Transcript
00:00 It's Benzinga and here's what's on the block. JP Morgan CEO Jamie Dimon signaled that his
00:05 expected tenure is now less than five years changing his standard response to retirement
00:09 questions. Dimon, currently 68 years old, has led JP Morgan for nearly two decades and grown it into
00:15 the largest bank by assets in the US. The timing of Dimon's succession has long been a key question
00:20 for investors and analysts, given his pivotal role at the company. Dimon said the decision
00:25 on when he steps down will ultimately be up to the board, but he still has the energy for the job.
00:30 Dimon stated the company is moving people into positions in an apparent reference to succession
00:34 planning. Even after retiring as CEO, Dimon is expected to remain as chairman of JP Morgan
00:39 after retiring as CEO. For all things money visit Benzinga.com

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