Jennifer Piepszak Explained

Jennifer Piepszak
Occupation:Co-CEO of J.P. Morgan’s Commercial & Investment Bank
Spouse:Richard Piepszak
Children:3
Education:Fairfield University (BS)

Jennifer Piepszak is an American financial executive and co-head of J.P. Morgan’s Commercial & Investment Bank. Her appointment was announced on January 25, 2024. Prior to this, Piepszak served as co-Chief Executive Officer (CEO) of Consumer and Community Banking at Chase.[1] Barron's named Piepszak one of the 100 Most Influential Women in U.S. Finance.[2] Crain's New York named Piepszak the No. 2 Most Powerful Women in New York in 2019.[3] American Banker named Piepszak the No. 4 Woman to Watch in 2018.[4] She was ranked 24th on Fortune's list of Most Powerful Women in 2023.[5]

Early life

Piepszak graduated with a Bachelor of Science degree from Fairfield University.[6]

Career

Piepszak joined JPMorgan Chase in 1994. During her first 17 years she worked in the Corporate & Investment Bank, where she served as Chief Financial Officer (CFO) for mortgage banking, CFO for the Investment Bank Credit Portfolio and Controller for Global Equities and Prime Services.

From 2015 to 2017 Piepszak was the CEO of Business Banking.[7] From 2017 to 2019, Piepszak was the CEO of Chase Card Services, covering small business, consumer and commercial card businesses.In 2019, Piepszak was named CFO of JPMorgan Chase & Co., succeeding Marianne Lake.[8] In 2021, Piepszak and Lake were both named heads of the consumer and community bank.[9] In 2024, she was appointed Co-CEO of the Commercial & Investment Bank.

The Wall Street Journal speculated that Piepszak may be in line to succeed Jamie Dimon as CEO of JPMorgan Chase.[10]

Piepszak is known to be focused on her and her reports "getting stuff done".[11]

In 2023, she ranked 35th in Forbes list of "World's 100 most powerful women".[12]

Personal life

Jennifer is married to Richard C. Piepszak, and they have three children.

Notes and References

  1. Web site: JPMorgan Chase Announces Expanded Roles for Top Executives . 2024-06-04 . www.jpmorganchase.com . en.
  2. News: 2. Jennifer Piepszak, Chief Financial Officer, JP Morgan Chase & Co . . April 20, 2020.
  3. Web site: 2. Jennifer Piepszak, Chief Financial Officer, JP Morgan Chase & Co . June 3, 2019 . . August 3, 2019.
  4. Web site: The Women to Watch: No. 4, JPMorgan Chase's Jennifer Piepszak . September 24, 2018 . . August 3, 2019.
  5. Web site: Most Powerful Women . . en.
  6. Web site: Jennifer Piepszak . 2024-06-04 . www.jpmorganchase.com . en.
  7. Web site: Jennifer Piepszak named CEO of Chase Card Services . 2024-06-04 . media.chase.com . en-us.
  8. Web site: JPMorgan Chase Appoints Jennifer Piepszak Chief Financial Officer; Marianne Lake Named Chief Executive Officer of Consumer Lending – Encompassing Card Services, Home Lending and Auto Finance . 2024-06-04 . www.jpmorganchase.com . en.
  9. News: Kelly . Kate . 2021-05-18 . JPMorgan Chase elevates two women to senior positions, fueling succession talk. . 2024-06-04 . The New York Times . en-US . 0362-4331.
  10. News: Two Female Executives Top Short List for Next JPMorgan Chief . . April 17, 2019 . August 3, 2019 . Benoit . David .
  11. Web site: The Women to Watch: No. 4, JPMorgan Chase's Jennifer Piepszak. September 24, 2018. American Banker.
  12. Web site: The World’s Most Powerful Women 2023 . Forbes . en.