JPMorgan Names Marianne Lake Next CFO

Current CFO Doug Braunstein will become the bank’s vice chairman.

JPMorgan Chase & Co., the largest U.S. bank by assets, named Marianne Lake to succeed chief financial officer Doug Braunstein, extending an overhaul of the lender’s senior ranks.

Braunstein, 51, will become a vice chairman after Lake’s move to the new role in the first quarter, the company said today in a statement. Lake, 43, is currently CFO of the New York-based firm’s consumer and community banking business.

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