JPMorgan CEO Jamie Dimon says he’s eyeing up book deals and teaching gigs when he steps away
Key Points:
- JPMorgan Chase CEO Jamie Dimon plans to step down in about three years and is considering writing books on management and the financial crisis, teaching, or media-related work after his tenure.
- Dimon, who has led JPMorgan for over 20 years through major events including the 2008 financial crisis, may remain as chairman for a few years, but the board will decide his post-CEO role.
- The succession race at JPMorgan is focused on co-presidents Doug Petno and Troy Rohrbaugh, after other potential candidates like Marianne Lake and Jennifer Piepszak have exited or declined interest.
- Other retired CEOs, such as Steve Ballmer, Indra Nooyi, and Howard Schultz, have pursued diverse post-retirement activities including sports ownership, teaching, board roles, philanthropy, and writing, reflecting a trend of active engagement beyond their executive careers.
- Dimon emphasizes staying busy after stepping down, rejecting the idea of a passive retirement and expressing a desire to remain productive and involved in meaningful endeavors.