JPMorgan’s Jamie Dimon hints at taking the chairman role after his CEO exit
New York: Jamie Dimon, the head honcho at JPMorgan, recently mentioned that he’s likely to step into the chairman role once he leaves his CEO position. He shared this during an interview with Lesley Stahl on CBS News.
Dimon, who’s been steering the bank since 2006, said it’s really up to the board, but he’s open to chairing for a couple of years. He also downplayed any political ambitions, saying he might focus on writing a book or teaching instead.
When asked about tariffs, he seemed to support Trump’s approach, saying they can be a useful tool if used correctly. However, he expressed some worries about the US economy, even with signs of lower inflation and better job numbers.
As JPMorgan prepares to release its full-year results, there’s a lot of chatter about who might take over when Dimon eventually steps down. Names like Mary Erdoes and Jennifer Piepszak are being tossed around as potential successors.
Dimon has been quite vocal about his frustrations with the Biden administration, criticizing rules he believes are hurting the bank and its clients. He’s been pretty clear that he’s ready to push back against what he sees as unfair regulations.
