8-KLeadership ChangesExhibits & Filings

JPMORGAN CHASE & CO 8-K Report, Executive Changes (Jan 16, 2024)

Filed January 16, 2024For Securities:JPMJPM-PCJPM-PDJPM-PKJPM-PLJPM-PMJPM-PJAMJBVYLD

Summary

JPMorgan Chase & Co. (JPM) has announced a key addition to its Board of Directors, electing Mark Weinberger as a director effective January 16, 2024. Mr. Weinberger brings extensive experience, having served as Global Chairman and Chief Executive Officer of Ernst & Young from 2013 to 2019. His appointment is considered strategic, adding significant financial and audit oversight expertise to the board. He has also been appointed as a member of the Audit Committee, a critical role for governance and financial reporting. Beyond his role on the main board, Mr. Weinberger has also been elected as a director of JPMorgan Chase Bank, N.A., and a manager of JPMorgan Chase Holdings LLC. These appointments underscore the company's commitment to strong leadership and robust governance across its key subsidiary entities. Investors can view the official announcement through the press release attached as Exhibit 99.1 to this filing.

Key Highlights

  • 1Mark Weinberger elected as a new director to the Board of Directors, effective January 16, 2024.
  • 2Mr. Weinberger appointed as a member of the Audit Committee, enhancing board oversight.
  • 3Weinberger previously served as Global Chairman and CEO of Ernst & Young from 2013 to 2019.
  • 4Appointed as a director of JPMorgan Chase Bank, N.A.
  • 5Appointed as a manager of JPMorgan Chase Holdings LLC.
  • 6Potential for future director appointments to other JPM subsidiaries.
  • 7Press release announcing the election is attached as Exhibit 99.1.

Frequently Asked Questions

Mark Weinberger is a newly elected director to JPMorgan Chase & Co.'s Board of Directors. His significant experience includes serving as the Global Chairman and Chief Executive Officer of Ernst & Young, a major accounting firm, from 2013 to 2019. This background is highly relevant to the financial industry and corporate governance.

Mr. Weinberger has been appointed as a member of the Audit Committee of JPMorgan Chase & Co.'s Board of Directors. This committee plays a crucial role in overseeing the company's financial reporting, internal controls, and audit processes.

Yes, in addition to his board position, Mr. Weinberger has been elected as a director of JPMorgan Chase Bank, N.A., and appointed as a manager of JPMorgan Chase Holdings LLC. He may also be elected to directorships at other JPM subsidiaries in the future.

The official press release announcing Mr. Weinberger's election is attached to the 8-K filing as Exhibit 99.1. Investors can refer to this exhibit for further details.