JPMorgan Appoints New Co-Presidents as Dimon Succession Planning Accelerates

Key Facts

1JPMorgan Chase elevated Doug Petno and Troy Rohrbaugh to the roles of co-presidents.

2The management changes come as the board accelerates succession planning for CEO Jamie Dimon.

JPMorgan Chase elevated Doug Petno and Troy Rohrbaugh to the roles of co-presidents. The Motley Fool reported that these management changes come as the board accelerates succession planning for CEO Jamie Dimon, aiming to streamline top leadership and prepare for his eventual retirement.

JPM closed at $330.83 on September 30, 2026, after reaching a session high of $336.34. In the broader banking sector, Bank of America (BAC) closed at $54.96, while Citigroup (C) stood at $130.8 and Wells Fargo (WFC) closed at $80.5 on September 29, 2026.