JPMorgan Chase CEO Jamie Dimon has to retire eventually. Meet 5 executives who might replace him

Daniel Pinto, currently JPMorgan’s president and chief operating officer, is a top candidate to succeed Dimon. In its annual proxy statement, the board flagged Pinto “as a key executive who is immediately ready to fulfill the responsibilities of the CEO.”

Pinto started out as a financial analyst and foreign exchange trader in 1983 at Manufacturers Hanover in Buenos Aires. Over the next two decades, Pinto’s work at institutions that eventually merged with JPMorgan put him at the forefront of the bank’s emerging markets strategy.

In early 2006, Pinto was named global head of emerging markets at JPMorgan. From there, Pinto made his way into the bank’s upper echelons, becoming co-CEO of the corporate & investment bank in 2012 (and sole CEO of that unit in 2014). In January 2018, he was named co-president and COO, and has served as the sole president and COO since January 2022.

Pinto briefly ran the bank when Dimon had emergency heart surgery in 2020.

Marianne Lake has served as JPMorgan’s CEO of consumer and community banking since April 2019. She’s been with the bank for 20 years, and has served in c-suite roles across the company, including as finance chief from 2013 to 2019.

She oversaw much of JPMorgan’s acquisition of First Republic Bank, which JPMorgan scooped up after it failed in May 2023, and has grown the consumer business into the bank’s largest revenue source. The division alone brought in $17.6 billion in revenues during the first quarter of this year. As a whole, the firm made $41.9 billion in revenues last quarter.

Mary Erdoes, who has served as JPMorgan’s CEO of asset and wealth management since 2009, has been floated as a potential successor to Dimon. Erdoes, who joined the firm in 1996, has seen her public presence grow considerably over the past few years, including high-profile meetings with world leaders.

Her star power within the banking giant has also risen substantially, especially considering her unit’s performance last year. In 2023, the asset and wealth management division saw a record $18.7 billion in revenue, and a whopping $3.4 trillion in assets under management and $5 trillion in client assets.

Troy Rohrbaugh was named as one of the newly appointed co-CEOs of the bank’s expanded commercial and investment bank in January, making him a surprise contender as Dimon’s successor. Together with Jennifer Piepszak, Rohrbaugh is jointly responsible for all of the unit, which encompasses global investment banking, commercial banking and corporate banking, as well as markets and securities services and global payments.

Rohrbaugh has been at JPMorgan since 2005, starting out as a managing director and global head of foreign exchange derivatives. He has served in several roles in the markets realm during his nearly two-decade tenure at the bank.

Jennifer Piepszak, who has co-lead the newly-merged commercial and investment bank since January with Rohrbaugh and was instrumental in integrating First Republic, is another potential candidate to succeed Dimon.

Piepszak has climbed the ranks at JPMorgan in her nearly three decades with the bank. She took over as CFO from Lake in May 2019, and stayed in the role for two years before being promoted to co-CEO of consumer and community banking alongside Lake.