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JP Morgan Appoints New CFO, Exiting CFO To Lead Consumer Lending Business

By John F. Heerdink, Jr.
Recently, JPMorgan Chase & Co (JPM) in an internal memo to employees announced the appointment of a new CFO, Jennifer Piepszak that will take effect on  May 1st.  She is acting as currently CEO for card services for the bank. Current CFO Marianne Lake will continue serving the bank in her new role as CEO for consumer lending business, including card services, home lending, and auto finance. Marianne Lake has been associated with the bank since 2012 as CFO. As per reports, she holds a good chance to succeed Jamie Dimon, CEO after his retirement in about four years. JPMorgan Chase & Co (JPM) is a global financial service leader in investment banking, financial services for consumers and businesses, financial transaction processing, asset management, and commercial banking. To learn more about JPMorgan Chase & Co. (JPM) and to continue to track its progress please visit the Vista Partners JPMorgan Chase & Co. Coverage Page. Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. Stay Informed! Stay Competitive! Join us at Vista Partners!

JP Morgan names new CFO, and Marianne Lake moves to top consumer lending role

The announcement was made in an memo to employees from CEO Jamie Dimon and co-Chief Operating Officers Daniel Pinto and Gordon Smith…
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