Dimon should remain chairman and CEO of JPMorgan (JPM), Board says

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J.P. Morgan (JPM) Board Endorses Dimon in Dual Chairman/CEO Role

March 22, 2013 3:27 PM EDT

J.P. Morgan's (NYSE: JPM) Board of Directors elected to endorse Jamie Dimon in a dual Chairman/CEO role. The board's decision was based on the idea that having the popular Wall Street figure service as both Chairman and CEO would be "most effective."

Generally speaking, Dimon has had a stellar reputation throughout the years, and he has had been called a Wall Street... More