The Shuffle and the Horse Race
Published June 14, 2011 11:00 PM
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Updated September 12, 2011 8:32 AM
1 Min Read
The Shuffle and the Horse Race: Erdoes and Cavanagh
Other CEO Possibilities: Michael Cavanagh, 45, head of treasury and securities services, and Mary Erdoes, 43, head of asset management, are among a group of younger executives seen as likely CEO candidates.
The Shuffle and the Horse Race: Scharf
Out of the Running? Charles Scharf, 46, lost control of the retail business this week and was named a partner of JPM's private equity arm. He said he requested a new challenge and Dimon praised some of his contributions, but Scharf will no longer be on the operating committee.
The Shuffle and the Horse Race: Staley
In the Running: Jes Staley, 54, is CEO of the investment bank and this week added control of international operations. Two years ago, he was seen as the front-runner to succeed Dimon, but now his status is less clear.
The Shuffle and the Horse Race: Maclin
Star on the Rise? Todd Maclin, 56, took control of a large chunk of the company's retail franchise and held on to commercial banking. He seems to have improved his standing in the race to be the next CEO.
The Shuffle and the Horse Race: Dimon
Pulling the Strings: Dimon, 55, is expected to retire in as many as five years. He favors occasional shake-ups of executives, like the one Tuesday, to test them and broaden their experience.
