Jamie Dimon plays down successor talk even as three leading candidates emerge to be next JPMorgan CEO

Dimon’s last year’s JPMorgan Chase Invesor Day said the timetable for his departure “was less than five years.” When asked Monday how many years he would stay as CEO, Dimon said: “The goal is the same as last year. No one has changed whenever.”

Dimon, saying on Monday, facing his perceived as a strong bank leadership pipeline. He said Jpmorgan Chasewith $ 4.4 trillion of assets on March 31, established a “very deep bench” and expressed confidence that the bank served as its leader, Dimon said.

JPMorGant Chee CEO says can’t think about success but if he’s staying like he doesn’t want. Dimon, which is 69, is a little child for CEO of financial services. Stephen Schwarzman, Chairman and CEO SA Bucketis 78 while Larry Fink in Blackrock 72.

“Obviously on board. If I was here for four years or two, that was a high value in the world, okay?” Dimon said.

The retirement of Dimon, and who will replace him, a warm topic of Wall Street Chatter. Last year, at a bank bank bank, Dimon told employees he planned to remain CEO “for a few more years” and then moving the chairman position, wealth reported in March.

“Investors [are] Not ready for CEO Jamie Dimon to pass to the Baton, “wrote in Ebrahim Poonawa, a Bank of America research analyst in a May 15 research announcement.

3 potential heirs

Dimon is one of the most successful CEO on Wall Street. Since taking as CEO at JPMorgan Chase’s in 2006, the price of Bank’s Share has more than 500%. On Monday, the stock closed $ 264.88, from 5% from their 52-week height of $ 280.25 reached by the bank in February.

“JPM under current CEO is a better type of bank marked by consistency, growth, recovery, awesome, Wells Fargoin a short research on May 11.

The Dimon change race has changed early this year when both contenders have chosen. In January, Jennifer Piepszak became the main operating officer and told The bank does not find the position of CEO. Daniel door, who was President and Coo and was considered Dimon’s right hand, Office has partnered That month he would go down June.

Dimon on Monday is encouraged by the door at the end of the investment day, saying “What a great partner is in these years.” The “World Class Investment Bank and World Class Class Management Systems” because of seven’s efforts, as Dimon.

The JPMorgan Chase Investor Day is an audition for three current candidates to replace Dimon. Top contenders for Dimon’s position Mariane LakeCEO of Consumer and Community Banking (CCB), and Troy RohrbaughCo-CEO of commercial and investment in bank (CIB), May written.

The lake spent 25 years in JPMorgan Chase and previously CEO of Consumer Fending from 2019 to 2021. The Lake near Piepszak he has run the bank, the Wall Street Journal As.

Rohrbaugh, a 20-year veteran of JPMorgan Chase, used to co-head with markets and security markets, including rates, residents of markets and businesses in markets. Rohrbaugh is the land and easy close, colleagues told Last year.

Also to run is Douglas PetnoCO-CEO of commercial and investment in the bank. Petno works for JPMorgan Chorte in 35 years and most recent serving co-head in global banking.

“Successfully running a big bank is a hard work, but anyone who carries reins is likely to start a more powerful hand than some (however, have many filling shoes),” May Neither have many fill shoes), “Letter of May.

This story originally shown Fortune.com

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