Jamie Dimon: Succession at JPMorgan is ‘well on the way’

Jamie Dimon, the long-serving CEO of JPMorgan Chase & Co, announced a change in his retirement timeline during the bank's investor day, saying it is "not five years anymore." Dimon, who has led the largest US bank since 2006, indicated that succession plans are well under way. Earlier this year, in line with his five-year retention package, Dimon reassigned key executives to senior roles to gain more operational experience.