JPMorgan Chase & Co. commercial banking chief Todd Maclinand international operations head Heidi Miller are likely to stepdown from their posts within months, according to a person close tothe bank

Miller, 58, will probably announce her intent soon to retirefrom the company by 2012, turning over duties to executives wholead business lines she coordinates overseas, said a person closeto the company who asked not to be named because the plans aren'tpublic. Maclin, 55, plans to take another senior role within thefirm and has told staff he will pass responsibilities to a deputy,Douglas Petno, the person said.

Separately, JPMorgan announced today the hiring of Glenn Tilton,the former chairman and chief executive officer of United Airlinesparent UAL Corp., to advise CEO Jamie Dimon in the Midwest.

Dimon Confidant
Miller and Maclin are among Dimon's most senior executives, servingon the firm's 15-member operating committee. Miller, a confidant ofDimon, 55, for two decades, was named to the new post of presidentof JPMorgan International last June.

Jennifer Zuccarelli, a spokeswoman for the New York-basedlender, declined to comment on Miller and Maclin's plans. The WallStreet Journal previously reported the moves, citing unidentifiedpeople familiar with the situation.

Maclin is expected to step down from his commercial-banking postby year-end and might take a lower-profile job helping overseeJPMorgan's operations in Texas, where he lives, the paper said.

International Growth
Miller was put in charge of international operations last June toaccelerate JPMorgan's growth in Asia, Latin America and Europeanemerging markets. The business offers corporate clients investmentbanking, advisory, debt capital markets, equity capital markets,lending, payments and securities processing services worldwide.

Investment bank CEO Jes Staley, 54, asset management CEO MaryErdoes, 43, and Mike Cavanagh, 45, who runs treasury and securityservices, would take over Miller's international duties withintheir divisions, the person said.

International business accounted for 22 percent of JPMorgan'stotal revenue of $103 billion last year, down from 25 percent in2009, according to Bloomberg data.

Tilton, 63, will join Dimon's executive committee, coordinatingJPMorgan's Midwest lobbying and public relations efforts out ofChicago, the company said in a statement. Tilton fills the rolethat was held by Bill Daley, who left in January to becomePresident Barack Obama's chief of staff.

Tilton in Chicago
Tilton will give JPMorgan an executive with experience runningglobal businesses who has also successfully navigated the local andnational political landscape, Staley said in the statement.

“Glenn has led the largest private-sector employer in Chicago,where his role will be based, and he has developed strongrelationships with the local business community and governmentofficials, building on his substantial reputation in Washington andthe international business community,” Staley said.

While at Chicago-based United, Tilton led the airline through a$23 billion restructuring, returned the company to profitabilityand completed its merger with Continental Airlines last year. Hehad spent 32 years with Texaco Inc., serving as chairman and CEO in2001.

“Chicago is a city that understands competition and therelationship between business and the public sector that ismutually beneficial,” Tilton said in the statement. He will overseethe bank's charitable contributions in the area and “maintainimportant relationships with elected officials,” the companysaid.

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