finance
JPMorgan Promotes Two Executives to Lead Major Divisions
The bank assigned two senior leaders to run its largest business units after one division head departed. The moves follow an internal restructuring announced by the company.
Jun 25, 9:29 AM·1m read1 source
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JPMorgan assigned two long-serving executives to oversee two of its largest divisions after one senior leader left the bank. Doug Petno will lead the corporate and investment bank. Troy Rohrbaugh will head the commercial bank.
Lake departed the bank ahead of the reassignments.
The two new division heads previously held senior roles within the firm. The bank did not provide a timeline for further leadership announcements.
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