Damon: It will take "a few years" to retire from JPMorgan Chase
Jamie Dimon said he will need "a few more years" to step down from the top position at JPMorgan Chase, but the decision lies with the board. "It's up to God and the board," the 69-year-old CEO of JPMorgan Chase said in an interview. "I love my job," he said. The question of when Dimon will retire and who will succeed him has been a topic of interest for years. Dimon used to joke that whenever asked, the answer was always five more years until retirement. However, recently he has stopped answering the question in that way. In 2024, Dimon's compensation increased to $39 million, and the largest bank in the United States broke its own record for the highest annual profit in the history of the U.S. banking industry.
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