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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) — San Antonio
· 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 Terrell Hills News
The promotion of Doug Petno and Troy Rohrbaugh to copresidents of JPMorgan Chase has significant implications for the San Antonio area, where the bank has a substantial presence. As the nation's largest bank, JPMorgan Chase's leadership decisions can impact local economic development and job creation. With Petno and Rohrbaugh now in president-level roles, they may play a more prominent part in shaping the bank's strategy in Texas, including its operations in the San Antonio region. The fact that Rohrbaugh will oversee the bank's consumer business, a crucial sector in Terrell Hills and surrounding areas, suggests that local customers and businesses may see changes in the bank's services and offerings. As the succession plan for Jamie Dimon takes shape, San Antonio residents and business leaders will be watching closely to see how the new leadership affects the bank's commitment to the local community.
About this story
Original reporting by KSAT 12 (ABC affiliate) — San Antonio . Terrell Hills 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 affiliate) — San Antonio . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 25, 2026 ·
Source: KSAT 12 (ABC affiliate) — San Antonio ·
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) — San Antonio and curated for Terrell Hills News readers.
Who reported this story? This story was reported by Ken Sweet, Associated Press at KSAT 12 (ABC affiliate) — San Antonio. To learn more about how Terrell Hills News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from Terrell Hills News, or browse our daily briefing and topic hubs .
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