Jamie Dimon says succession planning is top of mind right now: ‘We all want to get that exactly right’

Dimon said president and COO Daniel Pinto ‘could run the bank tomorrow.’

JPMorgan Chase chairman and CEO Jamie Dimon is squarely focused on finding his successor.

“We all want to get that exactly right,” Dimon said Tuesday at the Council of Institutional Investors conference in New York, adding the bank has a number of “extremely” qualified candidates, Reuters reported.

While Dimon said JPMorgan president and chief operating officer Daniel Pinto “could run the bank tomorrow,” according to Reuters, other candidates for the top job include Jennifer Piepszak, Troy Rohrbaugh, Marianne Lake, and Mary Erdoes.

A spokesperson for JPMorgan told B-17 that Dimon made the same comments about succession being a top priority in his shareholder letter and during its investor day in May.

Sixty-eight-year-old Dimon, who ascended to JPMorgan CEO in 2006 and chairman in 2007, has not yet formalized a retirement timeline. Dimon has an incentive package to stay through at least 2026.

In May, though, he broke from his usual joke that he’d retire in five years — implying it could be sooner. At the time, he said a transition plan was “well on its way,” though he floated staying onboard as chair.

After leaving JPMorgan, Dimon could transition into politics. Both the Trump and Harris campaigns have floated his name for a spot in the White House as Treasury Secretary.