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Jennifer A. Piepszak

Chief Operating Officer at JPMORGAN CHASE &
Since January 14, 2025
Age
54 years
Education
Holds a Bachelor of Science degree from Fairfield University.
Tenure
Has been with JPMorgan Chase for 29 years since 1994, holding a series of progressively responsible leadership roles including CEO positions before becoming the Chief Operating Officer.

About

Jennifer A. Piepszak is a seasoned executive whose career at JPMorgan Chase spans nearly three decades, beginning in 1994. Over the years, she has advanced through a variety of roles in both the Corporate & Investment Bank and Consumer & Community Banking, demonstrating exceptional leadership and strategic acumen.

Her journey includes key positions such as Chief Financial Officer, Co-Chief Executive Officer of Consumer & Community Banking, CEO of Card Services, and Co-Chief Executive Officer of the Commercial & Investment Bank prior to her current role as Chief Operating Officer, which she assumed on January 14, 2025.

Beyond her extensive work at JPMorgan Chase, she contributes to the community through board memberships with organizations like the United Way of New York City and the American Bankers Association, underscoring her commitment to corporate citizenship and community engagement.

Past Roles

OrganizationRoleDate RangeDetails
JPMorgan ChaseCo-Chief Executive Officer, Commercial & Investment Bank (CIB)January 2024Held prior to COO appointment
JPMorgan ChaseCo-Chief Executive Officer, Consumer & Community Banking (CCB)May 2021 – January 2024
JPMorgan ChaseChief Financial Officer (CFO)May 2019 – May 2021
JPMorgan ChaseCEO, Card ServicesN/AHeld during eight years in CCB
JPMorgan ChaseCEO, Business BankingN/AHeld during her time in CCB
JPMorgan ChaseCFO, Mortgage BankingN/AHeld during her time in CCB
JPMorgan ChaseVarious Finance Roles, Investment BankN/ASpent first 17 years in finance roles

Fixed Compensation

Data from  FY 2023
Component NameAmountPayment ScheduleAdditional Details
Salary$750,000 N/AAnnual base salary
All Other Compensation$5,000 N/ANo further breakdown provided

Performance Compensation

Data from  FY 2023

Cash Incentive Compensation

MetricValueDetails
Amount (USD)$7,100,000 Awarded in January following performance year; no specific performance metrics provided
Payment ScheduleAnnual (paid outright) No vesting schedule as it is not equity-based
Performance MetricsN/ANo details on thresholds, targets, or conditions provided

Restricted Stock Units (RSUs)

MetricValueDetails
Grant DateJanuary 17, 2023 -
Number of RSUs Granted35,796 units Vest in two equal installments
Grant Date Fair Value (USD)$5,025,000 Based on the average of high and low prices; exact stock price not provided
Vesting ScheduleJanuary 13, 2025 and January 13, 2026 RSUs vest in two equal installments

Performance Share Units (PSUs)

MetricValueDetails
Grant DateJanuary 17, 2023 -
Target Shares35,796 shares Represents target payout
Maximum Shares53,694 shares Represents maximum cap on potential payout
Grant Date Fair Value (USD)$5,025,000 Based on average of high and low prices; exact stock price not provided
Vesting ScheduleMarch 25, 2026 PSUs vest on the vesting date subject to a two-year holding period post-vesting
Performance MetricsN/ANo specific thresholds, goals, or performance conditions detailed in the documents