Here's What $10,000 Invested in JPMorgan Chase When Jamie Dimon Became CEO Is Worth Now
JPMorgan Chase stock has significantly outperformed the S&P 500 since Dimon became the company's CEO.
Overview
Jamie Dimon became the CEO of JPMorgan Chase (NYSE: JPM) on Jan. 1, 2006, and has now served as the company's top executive for more than two decades. While there was some talk earlier this year about the banking giant's succession plans, Dimon confirmed that he plans to remain CEO for at least several more years.
While the consumer banking, investment banking, and asset management industries have gone through some challenging periods over the last 20 years, the company has seen impressive success under Dimon's leadership and delivered returns that have substantially outstripped those of the S&P 500 (SNPINDEX: ^GSPC).
JPMorgan Chase CEO Jamie Dimon. Image source: JPMorgan Chase & Co.
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Originally published at www.fool.com.