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Non-Tech : J P Morgan Chase
JPM 327.91-0.4%Dec 26 9:30 AM EST

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From: Sr K10/4/2013 12:21:07 AM
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JPMorgan’s Dimon Said to Relinquish Chairman Role at Bank Unit
By Dawn Kopecki - Oct 3, 2013 9:46 PM ET

Jamie Dimon stepped down as chairman of the lender’s main bank subsidiary on July 1, according to a person briefed on the situation.

Dimon, who serves as CEO and chairman of the parent company, handed off his post at the unit to William C. Weldon, a JPMorgan board member and former head of Johnson & Johnson, said the person, who asked not to be identified because details of the move weren’t announced. A regulatory document released today listed Dimon, 57, as “chairman emeritus” of the subsidiary, which runs JPMorgan’s deposit and consumer banking operations.

bloomberg.com
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