Jamie Dimon - Mahony Partners

Sep

2021

Trashing the CEO Succession Plan

Company boards spend a good deal of time, as they should, planning for who’ll take over for the CEO. Most have a relatively short list of senior executives who are being groomed and evaluated for the job. You know if you’re on that list and where you rank, and there’s generally a set timeline for the CEO’s exit. So it must have come as an unwelcome surprise to those executives at J.P. Morgan when the board awarded CEO Jamie Dimon a special retention bonus and signaled they’d like him to stay for “a further significant number of years.” The move suggests the board believes none of ... Read More

Jun

2018

Warren Buffett and Jamie Dimon Can Do Better Than This

Financial Services, Taking & Managing Risk

Warren Buffett and Jamie Dimon are at it again. The pair joined forces today on a WSJ op-ed to call for an end to earnings guidance. Is this really the best advice they have to offer given the issues that dominate boardrooms today? Read More

Jul

2016

The Warren Buffett-Jamie Dimon Governance Show Closes Early

Financial Services, Taking & Managing Risk

A high powered investor group led by Warren Buffett and Jamie Dimon revealed their recommendations for improving corporate governance last week. The announcement was flawless – a show to rival any Broadway opening – but the dazzling cast couldn’t make up for a weak report. But while their show closed early, the authors' clout is undiminished - and that could bring real governance reform. Read More

Jan

2014

Saving Sergio Ermotti

Financial Services, Taking & Managing Risk

UBS chief executive Sergio Ermotti bravely launched a defense of the banking sector and hit out at its critics in a candid interview from the World Economic Forum in Davos, Switzerland. In this post, we imagine the conversation Ermotti had with his PR chieftain when he returned from the mountains. (more…) Read More

Mar

2013

A Good Day for Bad News

Crisis, Media

It’s the oldest trick in the PR playbook: get your bad news out on a Friday and leave early for the weekend. Strangely, this practice still holds, even in today’s continuous news environment. Just look at the news today from SAC Capital and J.P. Morgan. (more…) Read More

Jan

2013

The Best of the Risk Matters Blog

Taking & Managing Risk

With the awards season in full swing, we are pleased to present the 10 nominees for outstanding post from the Risk Matters blog over the past year. Enjoy! (more…) Read More

Jun

2012

Never Blame the Risk Model

Crisis, Financial Services, Taking & Managing Risk

Federal regulators released a report about what caused the San Onofre nuclear power plant in California to leak radioactive steam in January. It said excessive wear caused steam tubes at the plant to rupture – an event that “had never been seen before,” according to a federal official, and hadn’t been anticipated by the manufacturer’s computer model. Faulty computer models aren’t confined to the world of nuclear power, of course. Just ask Jamie Dimon. But it’s the managers - not the models – that must shoulder the blame when things go wrong. Read More

Jun

2012

Three Lessons from Jamie Dimon and Bob Greifeld

Crisis, Financial Services

Jamie Dimon of J.P. Morgan and Bob Greifeld of Nasdaq OMX share several things in common. Both presided over colossal blunders at their firms – a multi-billion-dollar trading loss at J.P. Morgan for Dimon, and a systems breakdown on the closely watched Facebook IPO for Greifeld. Both Dimon and Greifeld have thus far offered only general descriptions of what went wrong. Both are facing tough scrutiny from investors and regulators, with the possibility of legal action, and both executives are still unable to tally the full cost of the mishap to their institution. And yet for all these similarities, Jamie Dimon is today the stronger executive. Read More