On January 15th, JPMorgan appointed Jenn Piepszak as its new Chief Operating Officer, marking the second time in a year that the largest bank in the United States has adjusted its senior management. Although 54 year old Piepszak has taken over the company’s second position from Daniel Pinto, who will retire at the end of next year, she has ruled out the possibility of replacing CEO Jamie Damon. Spokesperson Joe Evangelisti stated that Piepszak “currently does not want to be considered as a successor to the CEO. She is clearly inclined to hold senior operational positions, work closely with Jamie, and support the future top leadership.
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