Who is retiring from the JPM board of directors?

Hans W. Becherer and Lawrence A. Bossidy are retiring from the board of directors of JPMorgan Chase & Co.

When will their retirement be effective?

Their retirement will be effective on May 15, 2006, at the company's annual meeting.

How long have these directors served the company?

Both Mr. Becherer and Mr. Bossidy have served as directors since 1998, which is approximately eight years.

What are the previous roles of these retiring directors?

Hans W. Becherer is the Retired Chairman and Chief Executive Officer of Deere & Company, and Lawrence A. Bossidy is the Retired Chairman of Honeywell International Inc.

JPMORGAN CHASE & CO 8-K: Leadership Changes

Summary

JPMorgan Chase & Co. (JPM) filed an 8-K on March 27, 2006, reporting the upcoming retirement of two long-serving directors, Hans W. Becherer and Lawrence A. Bossidy. Both directors will retire at the company's annual meeting on May 15, 2006, after concluding their current terms. Mr. Becherer and Mr. Bossidy have been on the board of directors since 1998, indicating a period of continuity and experience leaving the board.

Key Highlights

1Two directors, Hans W. Becherer and Lawrence A. Bossidy, are retiring from the JPM board.
2Their retirement is effective at the annual meeting on May 15, 2006.
3Both directors have served on the board since 1998.
4Mr. Becherer is the Retired Chairman and CEO of Deere & Company.
5Mr. Bossidy is the Retired Chairman of Honeywell International Inc.
6The filing is an 8-K, indicating a significant event for the company.

JPMORGAN CHASE & CO 8-K Report, Executive Changes (Mar 27, 2006)

Summary

Key Highlights

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