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JPMorgan Chase promotes Petno, Rohrbaugh to copresidents, setting up two more successors for Dimon
By Ken Sweet, Associated Press at KSAT 12 (ABC affiliate)
· June 25, 2026
· 3 min read
JPMorgan Chase promoted investment bankers Doug Petno and Troy Rohrbaugh to copresidents of the bank, elevating two additional potential contenders to succeed Jamie Dimon whenever the longtime CEO step downs from running the nation’s largest bank.The bank also announced Thursday that Marianne Lak...
Key takeaway Jennifer Piepszak, 55, is JPMorgan’s chief operating officer, while Mary Erdoes, 58, runs its asset and wealth management division.
Why this matters in The San Antonio
The promotion of Doug Petno and Troy Rohrbaugh to copresidents of JPMorgan Chase has significant implications for San Antonio , where the bank has a substantial presence. As the city's business community continues to grow, the leadership transition at JPMorgan Chase could impact the bank's involvement in local economic development initiatives. With Petno and Rohrbaugh's backgrounds in investment banking, it will be interesting to see how their leadership styles shape the bank's approach to commercial and consumer banking in the San Antonio market. The retirement of Marianne Lake, who was once considered a top contender to succeed Jamie Dimon, also raises questions about the bank's commitment to diversity in its leadership ranks, an issue that is relevant to San Antonio's own efforts to promote diversity and inclusion in the business community. As the succession plan unfolds, San Antonio residents and business leaders will be watching to see how the new leadership team engages with the local community.
About this story
Original reporting by KSAT 12 (ABC affiliate) . The San Antonio surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit KSAT 12 (ABC affiliate) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 25, 2026 ·
Source: KSAT 12 (ABC affiliate) ·
Reading time: 3 min
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Frequently asked about this story
What is this story about? JPMorgan Chase promoted investment bankers Doug Petno and Troy Rohrbaugh to copresidents of the bank, elevating two additional potential contenders to succeed Jamie Dimon whenever the longtime CEO step downs from running the nation’s largest bank.The bank also announced Thursday that Marianne Lak...
When was this published? This article was first published on June 25, 2026 by KSAT 12 (ABC affiliate) and curated for The San Antonio readers.
Who reported this story? This story was reported by Ken Sweet, Associated Press at KSAT 12 (ABC affiliate). To learn more about how The San Antonio selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The San Antonio, or browse our daily briefing and topic hubs .
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