JPMorgan COO Daniel Pinto to retire, Jennifer Piepszak to succeed

JPMorgan (JPM) announced new responsibilities for several senior executives as it continues to build on its leadership positions across global financial services. Daniel Pinto, president and COO, who has served the firm for more than 40 years, has informed chairman and CEO Jamie Dimon of his decision to retire at the end of 2026. Pinto will relinquish his responsibilities as president and COO as of June 30. This will allow him to transition those responsibilities in the coming months. He will continue to serve the company as vice chairman of JPMorgan working closely with and advising the CEO and other senior executives. Jennifer Piepszak, co-CEO of the Commercial & Investment Bank, has been named COO of the company, effective immediately, working closely with Pinto over the next few months. In this role, Piepszak will manage and coordinate all Technology, Operations, Chief Administrative Office, Data & Analytics, Corporate Strategy and Diversity, Equity & Inclusion across the company, as well as overseeing the firm’s Global Corporate Centers in India and the Philippines, which employ more than 80,000 professionals.