JPMorgan Chase Names Jennifer Piepszak CFO, Marianne Lake to CEO of Consumer Lending -- Update
April 17 2019 - 5:46PM
Dow Jones News
By Josh Beckerman
JPMorgan Chase & Co. (JPM) said Chief Financial Officer
Marianne Lake will move to a new role as chief executive of
consumer lending, which will include card services, home lending
and auto finance.
Jennifer Piepszak, currently CEO for card services, will become
CFO of JPMorgan May 1.
Before leading card services, Ms. Piepszak was CEO of the
business banking unit. She joined JPMorgan in 1994.
Ms. Lake will continue as a member of the operating committee.
In addition to leading consumer lending, she will be CEO of card
services. Home lending CEO Mike Weinbach and auto CEO Mark
O'Donovan will report to her.
In after-hours trading, J.P. Morgan shares were down 30 cents to
$114.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
April 17, 2019 17:31 ET (21:31 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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