JPMorgan Chase succession race narrows to two candidates after executive promotions
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Written by Brian Boyle
Summary
JPMorgan Chase has promoted Doug Petno and Troy Rohrbaugh to co-presidents and CEOs of the bank's commercial/investment division and consumer division, respectively. This move appears to narrow the long-running succession race for CEO Jamie Dimon's eventual replacement to just two candidates, effectively knocking other frontrunners out of contention. The article frames this as a corporate power struggle akin to Game of Thrones, analyzing the implications for the bank's future leadership structure.
Source
bskyJPMorgan Chase succession race narrows to two candidates after executive promotionsthedailyupside.comKey quotes
· 3 pulledA pair of high-profile promotions at JPMorgan Chase on Thursday appeared to narrow the long-running Jamie Dimon succession race to just two candidates: Doug Petno and Troy Rohrbaugh.
The shake-up seems to have knocked at least one other frontrunner out of contention.
One thing we know is there isn't room for two kings to sit on one Iron Throne.
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