JAMIE DIMON FLIRTS WITH RETIREMENT (First column, 11th story, link) Drudge Report Feed needs your support! Become a Patron
Katherine Doherty reports on the key takeaways from JPMorgan Chase CEO Jamie Dimon's comments at the firm's annual investor day. (Source: Bloomberg)
Jamie Dimon, Wall Street's longest-tenured CEO, may be retiring sooner than we thought.At an investor day Q&A on Monday, the JPMorgan CEO broke from his usual joke that he'll retire in five years.When asked about his succession plan, Dimon seemed to acknowledge that he's thinking of stepping down when he joked that the timetable is "not five years anymore."The bank boss also said the plan to name his successor is "well on its way" and floated staying on as chairman after he steps down."We're...
The ambiguity of Dimon's plans has made succession timing at JPMorgan one of the persistent questions for the bank's investors and analysts. He is 68.
Jamie Dimon has long joked that his retirement is five years away, no
JPMorgan Chase has seen its shares surge 40% over the past year, reaching a 52-week high on Monday before Dimon's comments dinged the stock.
Jamie Dimon, the CEO of JPMorgan Chase & Co, hinted at his retirement within the next five years. This revelation has left investors and analysts speculating about the future leadership of the bank. read more
“It’s up to the board — it’s not up to me,” Dimon said. “I have the energy that I’ve always had. That’s important. I think when I can’t put the jersey on and give it my fullest, I should leave, basically.”
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As the Honolulu Authority for Rapid Transportation suffers the loss of key personnel, an embattled leader’s current work contract that might not be renewed and long-standing employee vacancies, one rail official posed a question about the future of the nearly $10 billion Skyline project.
May is Mental Health Month, and those who oversee people with behavioral issues say they’re concerned with the numbers of suicides in Ohio and here in the valley.
“It’s too early, and we have to see down the road if and when this is going to happen.”