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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) - San Antonio News
· 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 Alamo Heights News
The recent promotions at JPMorgan Chase may have implications for the San Antonio area, where the bank has a significant presence. As the nation's largest bank, JPMorgan Chase's leadership decisions can impact local economies and businesses. The elevation of Doug Petno and Troy Rohrbaugh to copresidents may signal a shift in the bank's focus, potentially affecting its commercial and investment banking operations in Alamo Heights and surrounding areas. With Marianne Lake's retirement, the succession field for Jamie Dimon's CEO role has been reshaped, and the new copresidents may bring fresh perspectives to the bank's local operations. As the bank's leadership continues to evolve, local businesses and residents may want to watch for potential changes in JPMorgan Chase's community involvement and investment in the San Antonio area. The bank's decisions on succession and leadership development may have a ripple effect on the local economy, making it essential for area residents to stay informed about these developments.
About this story
Original reporting by KSAT 12 (ABC) - San Antonio News . Alamo Heights News 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) - San Antonio News . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 25, 2026 ·
Source: KSAT 12 (ABC) - San Antonio News ·
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) - San Antonio News and curated for Alamo Heights News readers.
Who reported this story? This story was reported by Ken Sweet, Associated Press at KSAT 12 (ABC) - San Antonio News. To learn more about how Alamo Heights News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from Alamo Heights News, or browse our daily briefing and topic hubs .
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