Chief Financial Officer Marianne Lake stands for a portrait at the headquarters of JP Morgan Chase & Co in the Manhattan borough of New York City, U.S., September 13, 2018. REUTERS/Caitlin Ochs
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
As a single mother with a British accent who loves numbers, Marianne Lake bears little resemblance to Jamie Dimon, the longtime chief executive of JPMorgan Chase & Co., known for his bravado, quips and occasional profanity-laced outbursts.Largely unknown outside JPMorgan when named CFO in 2012, Lake has worked in both the wholesale and retail businesses during 19 years there.Lake's standing has risen as other CEO candidates have left JPMorgan after growing impatient or getting on Dimon's wrong side, executives said.Dimon, who has said he will step down in about five years, would not discuss Lake's chances.Born in Maryland and raised by working-class parents in southern England, Lake joined JPMorgan's London office as chief financial officer for credit trading at age 30, after working on the JPMorgan account for PricewaterhouseCoopers accounting firm. She moved to the United States in 2004 as JPMorgan was merging with Bank One, which Dimon ran before becoming CEO of the combined organization.Lake says she is ready to take on a different role at JPMorgan and that the next CEO's main challenge will be making sure JPMorgan remains the country's most profitable big bank.
FOLLOW THIS ARTICLE