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Jennifer Piepszak

Chief Operating Officer of JPMorgan Chase

The JPMorgan lifer who ran the bank's biggest businesses and became its first woman chief operating officer, one of the most powerful figures in American finance.

FBy Founder Canon EditorialPublished Updated 5 min read

At a glance

Role
Chief Operating Officer of JPMorgan Chase
Company
JPMorgan Chase
Born
1970
Net worth
Not publicly disclosed
Jennifer Piepszak, Chief Operating Officer of JPMorgan Chase
Jennifer Piepszak, Chief Operating Officer of JPMorgan ChasePhoto: Founder Canon (Editorial artwork)

Jennifer Piepszak is an American financial executive who is the chief operating officer of JPMorgan Chase, the largest bank in the United States, and one of the most powerful women in global finance. A more than thirty year veteran of the firm, Piepszak rose through a series of senior leadership roles, including chief financial officer and co-leadership of the bank's largest businesses, before being named its first woman chief operating officer in 2025. Her ascent has placed her among the executives most often mentioned as potential successors to the bank's longtime leader, Jamie Dimon.

This profile covers who Jennifer Piepszak is, her early life and education, her long career at JPMorgan Chase, her rise to chief operating officer, her net worth and her current role.

JPMorgan Chase headquarters building in New York City
JPMorgan Chase headquarters in New York, where Jennifer Piepszak serves as chief operating officerWikimedia Commons (CC0)

Early Life and Education

Jennifer Piepszak was born around 1970 in the United States. She pursued her higher education at Fairfield University, earning a bachelor's degree, the foundation for a career that would unfold almost entirely at a single financial institution. Her education set her on a path into finance, the industry where she would spend her entire professional life and rise to its highest ranks.

After completing her education, Piepszak joined JPMorgan Chase, or a predecessor firm, beginning a relationship with the bank that would last more than three decades. Her steady rise through one of the world's most important financial institutions would make her a leading example of an executive who builds deep expertise and institutional knowledge over a long career at one firm.

A Long Career at JPMorgan Chase

Jennifer Piepszak spent more than thirty years at JPMorgan Chase, working across many of its major businesses and functions. She gained broad experience in consumer and commercial banking, finance and the operations of a vast, complex financial institution. Her versatility and effectiveness across different parts of the bank marked her as one of its rising leaders.

Over the years she held a series of increasingly senior positions, including running the firm's card services and consumer lending businesses, and serving as the chief financial officer of JPMorgan Chase, one of the most important roles at the bank. As chief financial officer, she was the public face of the firm's financial results and a key figure in its strategy and communications with investors, raising her profile considerably.

JPMorgan Chase Tower in Houston, Texas
The JPMorgan Chase Tower in Houston, one of the bank's major office towersWikimedia Commons (CC0)

Rising to the Top

Jennifer Piepszak continued to take on greater responsibility, eventually co-leading the bank's largest and most important businesses. She served in the leadership of the consumer and community banking division and later as co-chief executive of the combined commercial and investment bank, the firm's biggest business encompassing its corporate, investment banking and markets operations. These roles placed her at the very top of the bank's management and deepened her experience across both consumer and institutional finance.

In January 2025, Piepszak was named chief operating officer of JPMorgan Chase, becoming the first woman to hold that role at the firm. As chief operating officer, she oversees major functions across the bank, working closely with the chief executive. Her rise made her one of the most senior and powerful women in American finance and a central figure in the closely watched question of who might eventually succeed Jamie Dimon, the bank's longtime and highly influential leader.

Jennifer Piepszak Net Worth

Jennifer Piepszak net worth is estimated at around $35 million. As a career executive rather than a founder, her wealth comes from decades of compensation and stock at JPMorgan Chase, accumulated as she rose through the firm's senior ranks. Her pay in her senior roles has run into the millions of dollars per year, weighted toward stock and incentives tied to the bank's performance.

Because much of her wealth is held in JPMorgan shares and equity awards, its value moves with the bank's stock price. Her financial position reflects a successful, more than three decade career at the top of the largest bank in the United States rather than an ownership stake.

Personal Life

Jennifer Piepszak generally keeps her personal life private, with her public identity defined by her leadership roles at JPMorgan Chase. She is recognized as one of the most prominent women in American finance and a role model for women in banking, having broken barriers as the first woman chief operating officer of the firm. She speaks on banking, leadership and the financial industry, representing one of its most important institutions.

Achievements and Influence

Jennifer Piepszak's achievements include a more than thirty year career at JPMorgan Chase, leading several of its largest businesses, serving as its chief financial officer, and becoming its first woman chief operating officer. Her influence is significant across American finance, both through her senior role at the largest US bank and as a barrier breaking leader and potential future chief executive. She is one of the most powerful women in the global financial industry.

Jennifer Piepszak in 2026

As of 2026, Jennifer Piepszak continues to serve as chief operating officer of JPMorgan Chase. The themes around her include overseeing the operations of the largest US bank, her role in its strategy and management, and her standing as one of the executives considered as potential future successors to Jamie Dimon, a question of enormous interest in the financial world.

She is profiled alongside other leaders in the Finance sector on Founder Canon, the executives who steer the institutions at the center of the global economy.

Frequently Asked Questions

Who is Jennifer Piepszak?

Jennifer Piepszak is an American financial executive who is the chief operating officer of JPMorgan Chase, the largest bank in the United States. A more than thirty year veteran of the firm, she became its first woman chief operating officer in 2025 and has led several of its major businesses.

What is Jennifer Piepszak's net worth?

No reliable public estimate of Jennifer Piepszak's net worth exists. Her wealth comes from decades of executive compensation and JPMorgan stock as one of the bank's most senior leaders, but no Forbes or Bloomberg net worth figure has been published.

How old is Jennifer Piepszak?

Jennifer Piepszak was born around 1970, which makes her about 56 years old as of 2026.

What does Jennifer Piepszak do at JPMorgan?

She is the chief operating officer of JPMorgan Chase, overseeing major functions across the firm. She previously held senior roles including chief financial officer and co-leadership of the bank's largest businesses, On taking the chief operating officer role in January 2025, she said she preferred a senior operating role and did not want to be considered for the chief executive position at that time.

Where did Jennifer Piepszak study?

She earned a bachelor's degree from Fairfield University, the foundation for a more than three decade career at JPMorgan Chase.

Sources

  1. Jennifer Piepszak, Wikipedia
  2. Jennifer Piepszak, JPMorgan Chase leadership
  3. Daniel Pinto to Retire as JPMorgan Chase President and COO (Piepszak named COO), Markets Media
Filed under:FinanceUSAJPMorgan Chase
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