Doug Petno emerges as top contender to succeed Jamie Dimon at JPMorgan Chase

Doug Petno, Troy Rohrbaugh, and Marianne Lake are now the top three candidates to succeed Jamie Dimon as CEO of JPMorgan Chase, according to a report. Petno's chances improved after Jenn Piepszak was promoted to COO, removing her from consideration. Previously seen as a dark horse, Petno has been promoted to co-head of the combined commercial and investment banking division. This follows a restructuring that initially diminished his role when his division was merged with another. Petno has significantly contributed to the growth of JPMorgan's commercial banking, with revenue increasing from $6.4 billion in 2011 to $15.5 billion in 2023. He is now tasked with expanding the bank's presence in Silicon Valley.