JPMORGAN CHASE & CO (JPM)
Sector: Financials
Sector: Financials
JPMORGAN CHASE & CO - Executive Compensation
Co-CEO, CIB
Executive Compensation
Douglas Petno serves as Co-CEO of the Commercial & Investment Bank (CIB) at JPMorgan Chase & Co., a role he assumed in 2022 alongside Jennifer Piepszak. With over 25 years at the firm, Petno has been instrumental in driving the growth and strategic evolution of JPMorgan's core banking franchises. He joined the company in 1996 from Bankers Trust, where he began his career in investment banking, quickly rising through the ranks in corporate finance and coverage roles focused on financial institutions and sponsors. Petno's career trajectory includes key leadership positions such as Global Head of Financial Institutions Investment Banking, CEO of the Corporate Client Group, and Head of Global Corporate Banking. Under his stewardship, these divisions expanded market share, executed landmark transactions, and navigated complex market cycles, including the global financial crisis and the COVID-19 pandemic. His expertise in mergers and acquisitions, capital markets, and client advisory has positioned JPMorgan as a leader in serving multinational corporations, financial sponsors, and institutional investors. As Co-CEO of CIB, Petno oversees a powerhouse division generating over $50 billion in annual revenue, emphasizing innovation in areas like sustainable finance, digital transformation, and risk management. His strategic vision has fueled record performance, including top rankings in league tables for investment banking fees and lending. Petno holds a BBA from the University of Michigan and an MBA from New York University Stern School of Business, and he remains actively involved in industry forums and philanthropy focused on financial education.