JPMorgan Directors David Cote And Ellen Futter Resign

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HFA Staff
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Two directors at JPMorgan Chase & Co. (JPM), who have received lackluster support from shareholders, resigned on Friday, the latest change in the aftermath of a multibillion-dollar trading loss last year. David Cote, the chairman and chief executive of Honeywell International Inc. (NYSE:HON), resigned after five years with the bank. Ellen Futter, the president of the American Museum of Natural History, departs after 16 years, JPMorgan Chase & Co. (NYSE:JPM) said in a news release on Friday. JPMorgan criticized in the wake of trading loss Both Mr. Cote and Ms. Futter, members of the bank’s risk committee, were buffeted by criticism in…

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