JPMorgan’s James Dimon Chairmanship Saved By Shareholders

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HFA Staff
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Today, JPMorgan Chase & Co. (NYSE:JPM) CEO James Dimon faced what may have been one of the toughest challenges of his reign. The executive had to face a vote that would have seen his dual Chairman/CEO role split, and half of it taken away from him. The vote is in, and Dimon won by a landslide. JPMorgan Shareholders Vote: According to the New York Times live blog of the annual JPMorgan Chase & Co. (NYSE:JPM) shareholders meeting, just 32.2 percent of the votes were in favor of splitting the role. That’s less than the 40 percent that voted to split the roles…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.