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The country's largest bank promoted veteran executive Marianne Lake from its consumer and community bank, ending weeks of speculation about the fate of current CFO Doug Braunstein.
November 19 -
So much for infamy by banking scandal. A large majority of the public has no clue that Jamie Dimon is the CEO of JPMorgan Chase, and a surprising number of folks who guessed think he's a daredevil motorcyclist.
July 31
Financial executives are rarely known for their fashion sense, but some top JPMorgan Chase (JPM) executives are trying to update the industry's pinstripes-and-ties image.
Chief Executive Jamie Dimon helped build the bank's fashion-forward buzz last year, when he wore
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"This was the role on my list," Lake told Marie Claire. "It would have been irresponsible to go through the whole process, then get cold feet at the end. I thought hard about the impact this job would have on my life, and whether it was what I really wanted, before I threw my hat into the ring."
Lake, a single mother of a young son, also described her efforts to juggle parenthood and her demanding, high-profile job. She told the magazine that she relies on a circle of friends and a nanny, and tries to spend 15 minutes to an hour with her son in the morning.
"Failing that, I try for 30 to 60 minutes at the end of the day. I try to make that work, but if I can't, I just move on," she said. "You can't beat yourself up about it. I never worried about raising a kid on my own. I'm 42, not 20 with my eyes closed. The circumstances aren't traditional, but I didn't hesitate to do it."
Lake does not discuss her clothes or her professional style in the interview, but Marie Claire did photograph her in two less-than-traditional bankers' outfits, including a black leather sleeveless top by Derek Lam. For bankers who want to get the look, the top is currently
