JPMorgan names Petno, Rohrbaugh co-presidents

NEW YORK: JPMorgan Chase on Thursday named insiders Doug Petno and Troy Rohrbaugh as co-presidents, advancing succession planning as veteran CEO Jamie Dimon marks 20 years atop Wall Street’s largest bank.

The leadership changes potentially narrow a field of senior executives long viewed as successors to Dimon, who is known to wield influence on Wall Street like no other. His views on the economy, regulation and financial markets are closely watched by investors and policymakers alike.

So the question of who will eventually succeed him has become one of the most closely followed leadership transitions in corporate America.