JPMorgan Narrows CEO Succession Field With New Co-president Appointments

Doug Petno and Troy Rohrbaugh were elevated as CEO Jamie Dimon’s eventual departure draws closer.

The exterior of the JP Morgan Chase & Co. corporate headquarters in New York on May 20, 2015. Mike Segar /Reuters

JPMorgan Chase has promoted two of its top executives into newly created co-president roles, positioning them as leading internal candidates to eventually succeed CEO Jamie Dimon.

Doug Petno and Troy Rohrbaugh were named co-presidents on Thursday, with the appointments taking effect immediately. The two have jointly led JPMorgan’s commercial and investment banking division since early 2024.