Chief operating officer at JPMorgan Chase; former co-CEO of Consumer and Community Banking at Chase; named among finance’s influential leaders.
JPMorgan Chase has named Doug Petno and Troy Rohrbaugh as co-presidents, signaling a shift in leadership as Marianne Lake retires. The board is advancing a male-dominated succession slate, with Erdoes and Piepszak retaining high-level roles and retention bonuses awarded to top bankers.
Dimon has said the next JPMorgan CEO must possess broad, flexible thinking, deep brain power and emotional intelligence, and he believes the bank already has a strong bench ready to take over when needed. He emphasizes experience across the company and the ability to lead with empathy and strategic judgment.