Doug Petno is the Chief Executive Officer of Commercial Banking, one of the firm's four lines of business. He reports to Jamie Dimon, Chairman and CEO, and is a member of the firm's Operating Committee.
Commercial Banking has more than 10,000 professionals located in 142 locations across the US and 30 major international cities. Commercial Banking delivers industry leading capabilities and comprehensive financial solutions, including investment banking, treasury services, merchant services, and commercial lending. The business serves more than 18,000 clients, including mid-sized businesses and corporations, government entities and not-for-profit organizations and more than 33,000 real estate investors/owners.
Petno has more than 30 years of experience at the firm. Prior to his current role, Doug was Global Head of J.P. Morgan's Natural Resources Investment Banking Group, where he oversaw client coverage for Oil & Gas, Power & Utilities, Chemicals, Metals & Mining, Building Products, and Paper & Packaging. He joined Commercial Banking in 2010 as Chief Operating Officer and then became the Chief Executive Officer in 2012.
Petno recently joined The Nature Conservancy Board of Directors and is Vice Chairman of NatureVest, an initiative to advance impact investing in conservation. Petno is on the Board of the American Bankers Association and is actively engaged with the members on key issues facing the banking industry. He also serves on the Board of Directors for the J.P. Morgan Chase & Co. Foundation. He received an A.B. degree in Biology from Wabash College and holds a Master of Business Administration from the University of Rochester's Simon School of Business.
What is Douglas B. Petno's net worth?
The estimated net worth of Douglas B. Petno is at least $34.84 million as of October 26th, 2022. Mr. Petno owns 248,011 shares of JPMorgan Chase & Co. stock worth more than $34,835,625 as of February 6th. This net worth approximation does not reflect any other investments that Mr. Petno may own. Learn More about Douglas B. Petno's net worth.
How do I contact Douglas B. Petno?
Has Douglas B. Petno been buying or selling shares of JPMorgan Chase & Co.?
Douglas B. Petno has not been actively trading shares of JPMorgan Chase & Co. over the course of the past ninety days. Most recently, Douglas B. Petno sold 5,139 shares of the business's stock in a transaction on Wednesday, October 26th. The shares were sold at an average price of $125.02, for a transaction totalling $642,477.78. Following the completion of the sale, the chief executive officer now directly owns 248,011 shares of the company's stock, valued at $31,006,335.22. Learn More on Douglas B. Petno's trading history.
Who are JPMorgan Chase & Co.'s active insiders?
JPMorgan Chase & Co.'s insider roster includes Ashley Bacon (Insider), Stephen Burke (Director), Reginald Chambers (CFO & Head of Strategy for Commercial Banking), James Dimon (Chairman & CEO ), Mary Erdoes (CEO), Stacey Friedman (General Counsel), Nicole Giles (Insider), Marianne Lake (EVP), Douglas Petno (CEO), Jennifer Piepszak (CFO), Daniel Pinto (CEO), Peter Scher (EVP), and Gordon Smith (CEO). Learn More on JPMorgan Chase & Co.'s active insiders.
Are insiders buying or selling shares of JPMorgan Chase & Co.?
During the last year, JPMorgan Chase & Co. insiders bought shares 2 times. They purchased a total of 3,704 shares worth more than $61,367.87. During the last year, insiders at the financial services provider sold shares 9 times. They sold a total of 105,531 shares worth more than $13,573,643.09. The most recent insider tranaction occured on January, 19th when Director Mellody L Hobson bought 375 shares worth more than $50,448.75. Insiders at JPMorgan Chase & Co. own 0.8% of the company.
Learn More about insider trades at JPMorgan Chase & Co.. Information on this page was last updated on 1/19/2023.
