Leadership change Troy Rohrbaugh became Co-CEO, CIB · DEF 14A 2024

JPMorgan Chase & Co. ·JPM

Three divisional CEOs report directly to Jamie Dimon

Financial Services · Fortune #12 · Divisional structure · 310K employees · New York, NY

View as of:
12
CEO span
↑ wider than peers (avg 10)
2.6
Avg span
moderate
3
Max depth
flat for 310K emp
8.1 yr
Avg tenure
stable vs FY2024
75%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$182.4B
Net income
$57.0B
Total assets
$4424.9B
Shares out
2.70B

Sourced from JPMorgan Chase & Co. DEF 14A · filed 2026-04-06 ↗ View on SEC

Interactive org chart

JPMorgan Chase & Co. organizational chart

Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.

Open editable chart

Three divisional CEOs report directly to Jamie Dimon, highlighting JPMorgan Chase’s unusually pure divisional structure. This page maps the executive org, outlines control functions alongside P&L leaders, analyzes spans and depth, and compares JPM’s leadership model with major banking peers.

What to model

Use the chart to test org decisions, not just view reporting lines

Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.

Latest signal Todd A. Combs departed as Director

Resigned from the Board effective December 7, 2025.

Source · See change log

Scenario views in the chart

  • Add Chief AI Officer Create a dedicated Chief AI Officer reporting to the CEO to centralize AI strategy across businesses.
  • Consolidate CIB leadership Move from dual CIB co-CEOs to a single CIB CEO to simplify accountability.

Atlas work this supports

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  • Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.

The people

Who's running this

12 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.

Jamie Dimon

Chairman and Chief Executive Officer

Executive

19 yr

16 reports

internal

Jeremy Barnum

Chief Financial Officer

Finance

5 yr

2 reports

internal

Jennifer Piepszak

Chief Operating Officer

Operations

5 yr

2 reports

internal

Marianne Lake

CEO, Consumer & Community Banking

Consumer & Community Banking

6 yr

0 reports

internal

Mary Callahan Erdoes

CEO, Asset & Wealth Management

Asset & Wealth Management

16 yr

0 reports

internal

Troy Rohrbaugh

Co-CEO, Commercial & Investment Bank

Commercial & Investment Bank

3 yr

0 reports

internal

Douglas Petno

Co-CEO, Commercial & Investment Bank

Commercial & Investment Bank

3 yr

0 reports

internal

Ashley Bacon

Chief Risk Officer

Risk

3 yr

0 reports

Lori Beer

Global Chief Information Officer

Technology

10 yr

0 reports

Stacey Friedman

General Counsel

Legal

9 yr

0 reports

Robin Leopold

Head of Human Resources

Human Resources

9 yr

0 reports

internal

Teresa Heitsenrether

Chief Data & Analytics Officer

Data & Analytics

5 yr

0 reports

The pay

Executive compensation

From the most recent DEF 14A Summary Compensation Table. 5 named executive officers disclosed. Bar length scales with total compensation.

James Dimon $40.6M
Base salary
$1.50M
Bonus
$5.00M
Stock awards
$32.50M
Pension change
$45K
Other
$1.59M
Fiscal year
FY2025
Mary Callahan Erdoes $29.5M
Base salary
$1.00M
Bonus
$12.00M
Stock awards
$16.50M
Pension change
$29K
Fiscal year
FY2025
Troy Rohrbaugh $25.4M
Base salary
$1.00M
Bonus
$10.60M
Stock awards
$13.80M
Pension change
$7K
Other
$9K
Fiscal year
FY2025
Douglas Petno $23.1M
Base salary
$1.00M
Bonus
$10.60M
Stock awards
$11.40M
Pension change
$42K
Other
$32K
Fiscal year
FY2025
Jeremy Barnum $18.2M
Base salary
$1.00M
Bonus
$7.40M
Stock awards
$9.79M
Pension change
$18K
Fiscal year
FY2025

The skin in the game

Beneficial ownership

Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.

Stock ownership requirements

Stock ownership guidelines described in proxy; multiples not specified in excerpt.

The businesses

How JPMorgan Chase & Co. divides the work

3 divisions report into the group CEO. Tile size scales with estimated headcount.

Consumer & Community Banking

140K employees

CEO (Marianne Lake)

Retail banking, cards, payments, and small business services.

Commercial & Investment Bank

80K employees

Co-CEOs (Troy Rohrbaugh, Douglas Petno)

Investment banking, markets, and commercial banking.

Asset & Wealth Management

40K employees

CEO (Mary Callahan Erdoes)

Asset management, private banking, and wealth advisory.

The thesis

Why this org is unusual

Three divisional CEOs—Consumer & Community Banking, Asset & Wealth Management, and two co-CEOs of the Commercial & Investment Bank—report directly to Jamie Dimon.

This creates a clear P&L-owner model with limited corporate layers. The structure emphasizes accountability at the business level while maintaining strong centralized risk, finance, and technology functions reporting to the CEO.

The absence of a single CIB CEO and the use of co-CEOs is unusual for a global bank of this size and reflects the scale and breadth of the CIB franchise. Corporate functions such as Risk, Technology, Legal, and HR sit at the same level as the business CEOs, reinforcing JPMorgan Chase’s fortress balance sheet and control orientation.

  • Two co-CEOs run the CIB
  • All major businesses have direct CEO access
  • No group president role

The comparison

How JPMorgan Chase & Co. stacks up

Compared with peers, JPMorgan Chase is more explicitly divisional, with three major businesses led by long-tenured CEOs reporting to the CEO. Bank of America and Citi rely more heavily on strong COOs or presidents to integrate businesses. Goldman Sachs and Morgan Stanley maintain investment-banking-centric structures …

C-suite size

Reporting depth

JPMorgan Chase & Co.
3 levels
5 levels

Avg C-suite tenure

JPMorgan Chase & Co.
8 yr

Has COO / Has CAIO

JPMorgan Chase & Co. ✓ COO — no CAIO
Bank of America ✓ COO — no CAIO
Citigroup ✓ COO — no CAIO
Goldman Sachs — no COO — no CAIO
Morgan Stanley ✓ COO — no CAIO

Current signals

What changed recently

The most significant recent change was Daniel Pinto’s June 2025 transition from President & COO to Vice Chair.

  • departed
    Todd A. Combs Director

    Resigned from the Board effective December 7, 2025.

    Source
  • Date not confirmed reorg
    Daniel Pinto President & COO

    Transitioned from President & COO to Vice Chair in June 2025.

    Source
  • Date not confirmed new
    Douglas Petno Co-CEO, CIB

    Appointed Co-CEO of the Commercial & Investment Bank in 2023; reflected as NEO in 2025.

    Source

Leadership Timeline

Year-over-year executive structure based on SEC proxy and annual filings.

FY2025
DEF 14A filed 2026-04-06
CEO
James Dimon
CEO span
12
C-suite
6
Avg tenure
8 yr

CIB led by two co-CEOs and Pinto transitioned to Vice Chair.

Named executive officers (6)
  • James Dimon - CEO since 2006
  • Mary Callahan Erdoes - CEO, AWM since 2009
  • Troy Rohrbaugh - Co-CEO, CIB since 2023
  • Douglas Petno - Co-CEO, CIB since 2023
  • Jeremy Barnum - CFO since 2021
  • Daniel Pinto - Vice Chair since 2025
FY2024
DEF 14A filed 2025-04-08
CEO
James Dimon
CEO span
11
C-suite
5
Avg tenure
7.5 yr

Pinto still served as President & COO.

Named executive officers (5)
  • James Dimon - CEO since 2006
  • Mary Callahan Erdoes - CEO, AWM since 2009
  • Troy Rohrbaugh - Co-CEO, CIB since 2023
  • Jeremy Barnum - CFO since 2021
  • Daniel Pinto - President & COO since 2018
FY2023
DEF 14A filed 2024-04-10
CEO
James Dimon
CEO span
11
C-suite
5
Avg tenure
7 yr

Traditional president/COO model still in place.

Named executive officers (5)
  • James Dimon - CEO since 2006
  • Mary Callahan Erdoes - CEO, AWM since 2009
  • Marianne Lake - CEO, CCB since 2019
  • Jeremy Barnum - CFO since 2021
  • Daniel Pinto - President & COO since 2018

Year-over-year changes

FY2023 → FY2024

CIB leadership evolved toward a co-CEO model.

  • CEO span: 11 → 11
  • C-suite size: 5 → 5
  • Avg tenure: 7 → 7.5 yr
  • new Troy Rohrbaugh - Co-CEO, CIB (DEF 14A 2024)
FY2024 → FY2025

President & COO role removed, increasing direct CEO span.

  • CEO span: 11 → 12
  • C-suite size: 5 → 6
  • Avg tenure: 7.5 → 8 yr
  • retitled Daniel Pinto - Vice Chair (was President & COO) (DEF 14A 2026)

The board

Board of directors

10 directors. 9 of 10 independent (90%). Source: most recent DEF 14A.

Linda B. Bammann

Independent

Former JPMorgan Chase executive

Director since 2013

Michele G. Buck

Independent

CEO, The Hershey Company

Director since 2025

Stephen B. Burke

Lead Indep. Independent

Former CEO, NBCUniversal

Director since 2004

Jamie Dimon

Chair Inside

Chairman & CEO, JPMorgan Chase

Director since 2004

Alex Gorsky

Independent

Former CEO, Johnson & Johnson

Director since 2022

Mellody Hobson

Independent

Co-CEO, Ariel Investments

Director since 2018

Phebe N. Novakovic

Independent

CEO, General Dynamics

Director since 2020

Virginia M. Rometty

Independent

Former CEO, IBM

Director since 2020

Brad D. Smith

Independent

President, Marshall University

Director since 2025

Mark A. Weinberger

Independent

Former CEO, EY

Director since 2024

The board, organized

Board committees

1 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.

Audit Committee

100% independent 8 mtgs/yr
  • Linda B. Bammann Chair
  • Michele G. Buck
  • Mellody Hobson
  • Mark A. Weinberger

Frequently Asked Questions

Who is the CEO of JPMorgan Chase?

Jamie Dimon has served as Chairman and CEO since 2006.

What type of organizational structure does JPMorgan Chase use?

JPMorgan Chase uses a divisional structure with major businesses led by separate CEOs.

How many direct reports does JPMorgan Chase's CEO have?

Jamie Dimon has 12 direct reports, including three divisional CEOs and core control leaders.

How has JPMorgan Chase's leadership changed recently?

In June 2025, Daniel Pinto stepped down as President & COO and became Vice Chair, and Todd Combs left the board in December 2025.

Who reports directly to JPMorgan Chase's CEO?

The CEOs of CCB, AWM, and the two co-CEOs of the CIB, plus CFO, COO, CRO, CIO, GC, CHRO, CDAO and Corporate Responsibility head.

Sources

  • 8-K Filing, Dec 2025
  • DEF 14A, Apr 2026
  • Company filings
  • SEC EDGAR: JPMorgan Chase & Co. DEF 14A Proxy Statement
  • SEC EDGAR: JPMorgan Chase & Co. 10-K Annual Report

Reference

Cite this page

If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.

APA 7th
Creately. (2026). JPMorgan Chase & Co. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/jpmorgan-chase/
MLA 9th
"JPMorgan Chase & Co. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/jpmorgan-chase/. Accessed .
Chicago 17
Creately. "JPMorgan Chase & Co. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/jpmorgan-chase/.
Original SEC source View on SEC ↗
JPMorgan Chase & Co.. DEF 14A. Filed 2026-04-06. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/19617/000001961726000096/jpm-20260402.htm

Permanent URL: https://creately.com/org-chart/fortune-500/jpmorgan-chase/ · last updated 2026-04-01

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