Why Jamie Dimon Is Keeping Both of His Jobs

The man at the helm of JPMorgan Chase will keep both his jobs. Here is why that’s good and bad.

In this June 13, 2012 file photo, JPMorgan Chase CEO Jamie Dimon testifies before the Senate Banking Committee on Capitol Hill in Washington about how his company lost more than $2 billion on risky trades.

JPMorgan Chase CEO Jamie Dimon testifies before the Senate Banking Committee in 2012 Capitol Hill about how his company lost more than $2 billion on risky trades.

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"The role of the board is to hire and fire and set compensation for CEO. And if the CEO is the chairman of the board, there is an inherent conflict of interest," he says. "It makes it hard for the board to do what it needs to do."

 

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