Samsung Electronics replaces chip chief because it trails AI rival

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Jamie Dimon informed traders on Monday that the seek for his eventual successor was “on the best way” because the longtime JPMorgan Chase chief govt indicated that he would step down inside 5 years.

Requested at JPMorgan’s investor day on Monday, Dimon, stated the subject of his alternative was a choice for the financial institution’s board of administrators, which he chairs, however that “there are literally some actually nice potential CEOs right here”. 

The 68-year-old indicated that the timeline for his departure as CEO was lower than the 5 years to which he has referred prior to now, saying: “The timetable, you recognize, it’s not 5 years anymore.”



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