Apple is undergoing a series of executive changes in anticipation of COO Jeff Williams' retirement, including shifts in leadership for services, health, and hardware divisions, with some internal investigations and evaluations of future roles for key executives.
JPMorgan Chase CEO Jamie Dimon has announced a major reshuffle of top management, potentially setting the stage for a successor to run the largest U.S. bank. The changes include promotions and title changes for key executives, with Jennifer Piepszak and Troy Rohrbaugh appointed as co-chief executives of an expanded commercial and investment bank. Dimon has not announced immediate plans to step down, but the reshuffle is seen as part of succession planning. The move is also seen as a response to federal banking regulators' requirement for banks to update their succession plans.
JPMorgan Chase announced a management reshuffle in preparation for CEO Jamie Dimon's eventual departure, highlighting potential successors including Jennifer Piepszak and Troy Rohrbaugh. Marianne Lake will take full control of the consumer unit, while Daniel Pinto will remain as president and COO. Dimon, the longest-serving CEO of a major national bank, has no immediate plans to leave but has openly discussed life after JPMorgan. The executive changes are aimed at developing the company's senior leaders and positioning the firm for the future.