JPMorgan Names Two Co-Presidents as Investors Wait to See Who Replaces Dimon

JPMorgan Chase appointed Doug Petno and Troy Rohrbaugh as Co-Presidents on June 25, putting visible successors before investors and regulators. Earlier contenders Gordon Smith and Daniel Pinto have departed or stepped back. The dual structure keeps both executives engaged while the board tests their performance under pressure. Dimon says he'll stay as CEO with no departure date announced.