local
JPMorgan Chase promotes Petno, Rohrbaugh to copresidents, setting up two more successors for Dimon
By Ken Sweet, Associated Press at KPRC 2 Houston (NBC / Click2Houston)
· 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 Sugar Land News
The promotions of Doug Petno and Troy Rohrbaugh to copresidents of JPMorgan Chase have significant implications for the bank's operations in the Houston area. As JPMorgan Chase has a substantial presence in Sugar Land , the leadership changes could impact the bank's commercial and investment banking activities in the region. With Petno's experience in natural resources investment banking, his elevation to copresident may lead to increased focus on the energy sector, a crucial industry in the Houston area. Additionally, Rohrbaugh's move to run the bank's consumer business could result in changes to the bank's retail operations in Sugar Land and surrounding areas. The retirement of Marianne Lake, who was once considered a potential successor to Jamie Dimon, also shifts the landscape of potential leaders, making Petno and Rohrbaugh more prominent contenders. As the succession plan unfolds, Sugar Land residents and businesses may see changes in JPMorgan Chase's local operations and community involvement.
About this story
Original reporting by KPRC 2 Houston (NBC / Click2Houston) . Sugar Land 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 KPRC 2 Houston (NBC / Click2Houston) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 25, 2026 ·
Source: KPRC 2 Houston (NBC / Click2Houston) ·
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 KPRC 2 Houston (NBC / Click2Houston) and curated for Sugar Land News readers.
Who reported this story? This story was reported by Ken Sweet, Associated Press at KPRC 2 Houston (NBC / Click2Houston). To learn more about how Sugar Land News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from Sugar Land News, or browse our daily briefing and topic hubs .
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