JPMorgan plans to shake up its board of directors

JPMorgan Chase plans to elect Linda Bammann and Michael Neal to its board of directors, and has established a new role of Lead Independent Director.

Bammann is expected to be elected to the board on September 16th. Neal will join the board in January, when he will retire from his current position as vice chairman at General Electric.

Bammann previously served as chief risk management officer at Bank One from 2001 until its acquisition by JPMorgan, and as deputy head of risk management at JPMorgan before her retirement in 2005.


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