"But there's one thing the Wall Street veteran does know: The qualities he wants to see in his successor, and he doesn't need that individual to be the "smartest" person across the board. What he is looking for is the ability to rally and shape a workforce of more than 300,000 people, leading them through times of both economic prosperity and downturns."
"When asked if that person didn't need to simply be the smartest person in the room, he agreed "no," explaining: "Really the smartest person in the room is the person who gets the most out of everybody. They may not be as smart as everybody-we have some brilliant people who work here, I'm not as good at certain things as some of those people-but they're the pied piper, they're the coach.""
Jamie Dimon has no set timeline to step down as JPMorgan CEO and remains focused on finding a successor with heart, soul, curiosity, work ethic, and respect. Dimon does not require the successor to be the smartest person, but someone who can get the most out of more than 300,000 employees and lead through good and bad economic cycles. Daniel Pinto is set to retire in 2026; Jennifer Piepszak has ruled herself out. Internal candidates include Marianne Lake, Mary Erdoes, and Troy Rohrbaugh, while the bank will also consider external candidates. Dimon is likely to remain as chairman after naming a successor.
Read at Fortune
Unable to calculate read time
Collection
[
|
...
]