In an earnings call in January, JPMorgan Chase Chief Executive Officer Jamie Dimon was in a great mood. He had just overseen the best year ever for a U.S. bank, cementing it as the king of Wall Street. And yet, even after that performance, he was asked about succession planning and his timeline to step down.
He shrugged it off. “My statement stays the same — it’s five years,” the 64-year-old billionaire said, echoing a sentiment from almost six years prior. “When and if we ever set an actual retirement date, we’ll let you know.”
