The long-running refrain about when JPMorgan Chase CEO Jamie Dimon will retire has been “five years”—unchanged during the nearly two decades he’s run the $570 billion bank. Accordingly, he sent shock waves through the business community earlier this year when he announced at an investor event that the timeline was “not five years anymore.”
In an interview on Wednesday with CNBC, Dimon, who turned 68 in March, confirmed that he will, indeed, retire at some point.
