JPMorgan promotes Petno and Rohrbaugh to co‑presidents as Lake departs
JPMorgan Chase named Commercial & Investment Bank CEO Doug Petno and Consumer & Community Banking CEO Troy Rohrbaugh as co‑presidents, consolidating leadership of its two biggest divisions. Their promotions move the firm closer to a formal CEO succession plan as longtime CCB chief Marianne Lake retires after 25 years, narrowing the pool of Dimon’s heirs.