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Dear Reader,
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# Remember: Past CAA newsletters are archived on the CAA website under News.
NEWS & EVENTS (PAST AND FUTURE)
Is Jamie Dimon's eventual successor as CEO of JPMorganChase one of the two executives promoted last week to newly created roles as co-presidents? As Hugh Son writes for CNBC:
"Doug Petno and Troy Rohrbaugh, who have jointly led the bank’s commercial and investment banking division since early 2024, were named co-presidents of JPMorgan effective immediately..
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"As part of the changes, Petno, 61, becomes the sole chief executive of the commercial and investment banking division, while Rohrbaugh, 56, will take over as CEO of the firm’s consumer and community banking division, succeeding Marianne Lake."
Lake, 57, who many thought was in the running for CEO, announced last week that she would retire. In The Wall Street Journal, Alexander Saeedy wrote that Lake was "widely praised for years about her mastery of financial data and her comfortability talking with investors. She had a fast-paced style and many considered her one of the smartest executives at JPMorgan as she expanded the bank's branch network, credit-card offerings and profits."
Saeedy noted, however, that she also had negative feedback from her direct reports for her management style. Around the end of last year, Saeedy, wrote, "people close to Lake started to acknowledge that she wouldn't likely become the next chief executive."
"Though she is retiring from JPMorgan," Saeedy wrote, "Lake expects that she will eventually take a new job as a corporate executive," according to people familiar with the matter.
Click here for a gift article with coverage from The New York Times.
According to an exclusive story in The Wall Street Journal, JPMorganChase "pulled out all the stops" to celebrate SpaceX's IPO when JPMC hosted SpaceX's closing-deal party on Friday, June 12, 2026 on the 57th floor of JPMC headquarters at 270 Park Avenue. Though it wasn't one of the two lead banks for the deal – that honor (and money) went to Goldman Sachs and Morgan Stanley – JPMC still reportedly earned $75 million in underwriting fees from the record-breaking IPO. (We are unable to send a gift link to the article, but you can try your luck with the link above.
RE JPMC: Recommended Reading:
► Nicholas Megaw in Financial Times writes about how JPMorganChase – now Europe's largest investment bank – is going after the retail market, having once dismissed it as "a fool's game".
It finally felt like pre-pandemic days! More than 300 alumni attended the April 27th CAA reception so generously and graciously hosted by JPMorganChase at its new global headquarters at 270 Park Avenue.
If you have photos you want to share from the event at JPMC, the Global Credit Training Luncheon or the LATAM Luncheon, please send them (with names for the captions) to Andrea at news@chasealum.org.
We were so intent on having everyone enter JPMorganChase's new headquarters via Park Avenue that many of us may have overlooked the remarkable facade on its Madison Avenue side. Read this account in The New York Times of Maya Lin's "A Parallel Nature", a large-scale installation that JPMC commissioned from the famed architect, designer and sculptor for the Madison Avenue entrance. For more from Maya Lin's website, click here. (photo: Nigel Young, courtesy Foster+Partners)
Attenzione!
The trip, which will take us from Palermo to Catania, will feature a memorable mix of art, great architecture, history, culture, natural wonders, private visits to palazzos, great food and wine, 4- and 5-star hotels and, of course, the comraderie of Chase alumni. By going in October, we'll avoid the crowds and heat: It's truly an ideal time of year to visit Sicily!
RET ON PRiVACY
CAA TECH CORNER WITH DAN ALVAREZ
In his 11th feature dedicated to defining emerging trends in technology (in plain English), CAA board member Dan Alvarez explains how AI agents are used, what jobs they might threaten and what positions may be in even greater demand. The article is long (but easy to read and engaging), so it's in two parts.
Dan's columns look at tech trends at a "100-level" for Luddites, brilliant (of course) but non-technologically inclined bankers and anyone else in the financial world embarrassed to ask basic questions while looking at the "big picture".
EVENT PHOTOS
# Remember: Dues-paying Chase Alumni Association members can explore the numerous photo albums on the website. Be sure to log in first.
Chase Alumni Austria had two special guests at its June 23, 2026 luncheon in Vienna. Click here for more information, photos from the luncheon and an amazing vintage photo.
Chase Alumni Austria held its spring luncheon at the St Johanns Club in Vienna on April 21, 2026. Fifteen alumni attended: Richard Belcredi, Gustav Dressler, Helmut Breit, Clemens Falkhausen, Rainer Franz, Rudi von Geymüller, Günther Korp, Michael Kraus, Peter Püspök, Philipp Reading, Willy Rosenfeld, Christian Tury, Wolfgang Fenkart-Froeschl and Edith Fischer.
MOMENTS IN BANK HISTORY
(And remember...you have friends at Chase Alumni who want to see photos of your Bank memorabilia! Please send to news@chasealum.org.
# Object of the Week: Your decluttering makes this feature possible! Thank you, Laura Reiskin, for saving this (and a few other treasures we'll run in coming weeks) for all those years.
Outside New York's Penn Station/Madison Square Garden over the Fourth of July weekend, one of the signs announcing the marriage of Taylor Swift and Travis Kelce just happened to be on a digital billboard edged by a Chase ad!
LOOKING FOR INPUT...
We're always looking for ideas for:
and new contributions to such existing series of articles as:
We also invite alumni to share their upcoming (or very recent) milestone birthdays, ending in "0" or "5". (Please notify Andrea at news@chasealum.org close to your birthday, and if you're having a party, send a picture.)
Please send your story or story ideas to news@chasealum.org. As always, you can write something up, or Andrea can interview you and write it up for you.
MILESTONE BIRTHDAYS
Are you approaching a milestone birthday – a number ending in a zero or a five? We want to help you celebrate! Please let Andrea know at news@chasealum.org. Celebration photos are welcomed.
Happy 80th birthday to Lou Morrell, who turned four score years on June 18, 2026. Former chair of the American Birding Association, Morrell is currently board chair of the Theater Breaking Through Barriers (2016-present), the only Off-Broadway theater, and one of the few professional theaters in the country dedicated to advancing actors, writers and directors with disabilities. He also chaired the board of Emerging Artists Theatre for six years (2006-2011) and was on the board of the music ensemble Partita (1992-1995).
Morrell spent more than 35 years in finance and treasury at Chemical and Chase (1970-2006) before retiring in 2006 as a Managing Director. At the firm, he was responsible for the Parent Company function, which included managing parent company and subsidiary capital planning, compliance with regulatory capital requirements and the process governing transactions among affiliated entities. He was also involved in the analysis and negotiating of many of the firm’s acquisitions and divestitures. After leaving the bank, Morrell spent four years on the advisory board of and a consultant for the Regulatory Fundamentals Group (2009-2013), a New York-based bank and finance consultancy focusing on governance, regulatory compliance and supervision.
IN MEMORIAM
# Eberhard von Wangenheim, who served as branch manager for Chase Manhattan in Switzerland and never forgot his Chase roots during a long and successful career at Swiss Bank, died in Zürich on June 17, 2026. He was 86 years old.
Audrey Edna Manke Cameron, who helped break the glass ceiling for women in tech during a long career at Manufacturers Hanover Trust, Chemical Bank, Chase Manhattan and J.P. Morgan, died on April 26, 2026, in Madison, CT. She was 88. Among Cameron's accomplishments were leading the systems engineering team to ensure a smooth transition through "Y2K" at Chase Manhattan and running the Help Desk on the trading floor at J.P. Morgan.
Herbert (Herb) F. Aspbury, a senior executive for Manufacturers Hanover Trust, Chemical Bank and Chase Manhattan in the United States and Europe over a 33-year career with the banks, died on May 12, 2026. He was a longtime resident of New Canaan, CT and John's Island, FLA.
How Best to Use the CAA Membership Directory
If you have not done so recently, please update the information in your profile, so that the CAA and other members would be better able to contact you. Using the Membership Directory is a privilege of dues-paying CAA members.
Here's a refresher on how to best use the directory to find an individual or groups of individuals you would like to contact. (Note that only dues-paying members have access to the directory.).
To get to the directory, log in at www.chasealum.org. On the home page menu, click on Membership and then Member Directory.
When searching by name, or in any of the other search areas, we advise starting by putting in less information in the search field.
For example, if you want to find William Smith, type only Smith in the Search by Name box; if you put in “William Smith” and he is calling himself Bill Smith in his profile, you will not find him.
If you want to find members who live near you, enter the city, state or country (or any combination) under Location.
The Years at Chase search is very valuable. Type in 1996-2005, for instance, and you will find everyone who worked for the bank (including heritage banks) during those years. Narrow your search by typing in a location or job title.
If you have any problem with any of this, contact Ken Jablon at jablonkt@aol.com.
As always: If the links do not work for you, you can always access the latest stories by logging on to CAA's web site.
If you have any questions, please send an e-mail to Ken Jablon or call Ken (during normal working hours) at 212/799-9525.
Don't forget to explore the rest of the CAA Web site. (www.chasealum.org) Just click on the home page menu buttons to find the news and newsletter archives, photo albums, membership directory, past In Memoriams and benefit information.
The Board of the Chase Alumni Association
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CHASE ALUMNI ASSOCIATION
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