JPMorgan Announces Management Changes, Including New CFO

Jamie Dimon's investment banking powerhouse JPMorgan (JPM) announced several key leadership changes Tuesday, including a change to the CFO role.

  • Heidi Miller, head of Treasury & Securities Services (TSS), has been named President of International.
  • Michael Cavanagh, Chief Financial Officer, will succeed Ms. Miller as Chief Executive Officer of TSS.
  • Doug Braunstein, head of Investment Banking, Americas, will succeed Mr. Cavanagh as Chief Financial Officer.
In announcing the changes, Dimon said "Our firm has developed an excellent management bench, and today's moves reflect our goal of building on our team's experience and providing them with new opportunities to make our company even better."

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