JPMorgan chief executive Jamie Dimon wants to stay at his job for at least five more years, he said, when asked about his plans at an event hosted by the US Chamber of Commerce yesterday.
Dimon has led the largest US lender for two decades and is one of the most prominent executives in corporate America. His succession plans have long been the subject of speculation across Wall Street.
"I love what I do," Dimon said. "It's up to the board how long I do it. As long as I have the energy and the spirit in the eye and the fire in the gut, yeah, I want to do it."
When reached for comment after the remarks, a spokesperson for JPMorgan said the CEO was joking and nothing had changed in terms of Dimon's succession plan.
Last year, Dimon said JPMorgan's succession plans remained unchanged, reiterating his intention to step down within five years without giving a more specific timeline.
The bank's profit exceeded analysts' estimates in the fourth quarter as its traders cashed in on volatile markets, but its shares fell on Tuesday as investment banking revenue missed market expectations.
