Jennifer A. Piepszak
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
| Organization | Role | Date Range | Details |
|---|---|---|---|
| JPMorgan Chase | Co-Chief Executive Officer, Commercial & Investment Bank (CIB) | January 2024 | Held prior to COO appointment |
| JPMorgan Chase | Co-Chief Executive Officer, Consumer & Community Banking (CCB) | May 2021 – January 2024 | |
| JPMorgan Chase | Chief Financial Officer (CFO) | May 2019 – May 2021 | |
| JPMorgan Chase | CEO, Card Services | N/A | Held during eight years in CCB |
| JPMorgan Chase | CEO, Business Banking | N/A | Held during her time in CCB |
| JPMorgan Chase | CFO, Mortgage Banking | N/A | Held during her time in CCB |
| JPMorgan Chase | Various Finance Roles, Investment Bank | N/A | Spent first 17 years in finance roles |
Fixed Compensation
| Component Name | Amount | Payment Schedule | Additional Details |
|---|---|---|---|
| Salary | $750,000 | N/A | Annual base salary |
| All Other Compensation | $5,000 | N/A | No further breakdown provided |
Performance Compensation
Cash Incentive Compensation
| Metric | Value | Details |
|---|---|---|
| Amount (USD) | $7,100,000 | Awarded in January following performance year; no specific performance metrics provided |
| Payment Schedule | Annual (paid outright) | No vesting schedule as it is not equity-based |
| Performance Metrics | N/A | No details on thresholds, targets, or conditions provided |
Restricted Stock Units (RSUs)
| Metric | Value | Details |
|---|---|---|
| Grant Date | January 17, 2023 | - |
| Number of RSUs Granted | 35,796 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 Schedule | January 13, 2025 and January 13, 2026 | RSUs vest in two equal installments |
Performance Share Units (PSUs)
| Metric | Value | Details |
|---|---|---|
| Grant Date | January 17, 2023 | - |
| Target Shares | 35,796 shares | Represents target payout |
| Maximum Shares | 53,694 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 Schedule | March 25, 2026 | PSUs vest on the vesting date subject to a two-year holding period post-vesting |
| Performance Metrics | N/A | No specific thresholds, goals, or performance conditions detailed in the documents |