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JPMorgan Names New Co-Presidents as Marianne Lake Exits in Major Leadership Shake-Up
CNBC·Friday, 26 June 2026
JPMorgan Chase has named Doug Petno and Troy Rohrbaugh as co-presidents, while longtime executive Marianne Lake is departing. The moves position Petno and Rohrbaugh as the most obvious potential successors to CEO Jamie Dimon. This is one of the biggest leadership changes at the world's largest bank in recent years.
Why It Matters
JPMorgan is a major player in Indian investment banking, corporate finance, and capital markets — leadership changes at the top could affect how the bank prioritises its global strategy.
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