JPMorgan Chase & Co CEO and Chairman Jamie Dimon is recovering from emergency he...
) CEO and Chairman Jamie Dimon is recovering from emergency heart surgery done on Thursday morning, with two deputies taking over as he recuperates, the largest U.S. bank said.
He is “awake, alert and recovering well,” according to the memo. The bank did not disclose where Dimon is being treated. During his time at the helm of JPMorgan, Dimon has turned the bank into a global behemoth, with leading positions in many key businesses, through crisis-era acquisitions as well as opportunistic market-share grabs.
The condition for which Dimon had surgery on Thursday is called an acute aortic dissection, where the inner lining of the aorta tears away from the outer edge of the tube. “This is a major operation,” Di Luozzo said. “In a typical elective surgery an aorta, the risk of death is in the 2-3% range. But when you have an emergency operation it can be as high as 20%.”
Pinto and Smith are relatively close in age to Dimon, who said in promoting them in 2018 that he wanted to stay in the job for five more years.
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