Reuters - Video

EDITION: U.S. | U.K. | IN

Breakingviews

Breakingviews: Dimon dilemma

Monday, May 13, 2013 - 03:16

May 13 - Richard Beales and Antony Currie review the pros and cons of splitting the chairman and chief executive roles – currently both held by Jamie Dimon – at JPMorgan.

▲ Hide Transcript

View Transcript

Jamie Dimon the chairman and chief executive residual -- it just might not have both those totals up to the company's annual meeting which is next week at a Florida. NC it's a bit of a tricky decision to show us how they might but it tells us on this proposed fiscal proposition is is not binding. Right and it's just split the two incidents that you go to a few -- put up this proposal which guy comes home. Lacey -- account last year and it was on the docket before them on the well to -- -- it's not unusual thing to have especially. I'm an America where I think half of the top. 500 firms have wrote a split role but his growth it's an increase its its growing pressure got to destroy a -- recent conference in Iraq and 60% to six upset -- that yet we want Oscar -- so it's it's it's common it's becoming more common. Nothing wrong with -- it's also his legend has it done right well if that is the question it's a little Honda with an existing tendency because. It's viewed probably role is as a kind of punishment right yeah I think last -- decisions like that wasn't sort of as a punishment. This in -- say case and Rutland -- it's about everything that's been venting coming essence general the principals of the company came out with Austria. Then there principles regulations set as the Internet has been a lot of noise. Payment and a dominant any punishment second set tries to take a cut in pay about 50% which is nets don't read about things they squad with deeper. The same reason why you have to see is just as punishment is that it's a good bit of corporate governance and us open -- little one of the problems we -- they would they would the world trade was. But a lack of the right structures and maybe a little complacency in the future at somebody's else taking may be more of an overview on the lead director doesn't say well. I'm I'm responsible for some of us that may be some of those tips wouldn't of wouldn't terrorists than he has one -- -- -- -- and may not sold and -- and of course anything back -- that question personal loses. But -- has appeared strong independent and has been doing. Which is very important of bank. Then meaning you may well of course Mickelson may have been headed -- all nice and Nick -- things and as he put it. Performance -- that they were done and has been good -- has been better from bank here for a bank has been -- -- -- -- that the bank's legal. Even with the oil trade can't really say he's been a fascinating. -- a -- in Austria even with the ride this this -- so that's one thing to sell this -- -- -- when they look at this another thing is that. He's so this seems to be some sense that he might quit if he was stripped of the title which seems to me a good reason to split the titles that's the best -- If you can expect that on Friday to directors came out with a net saying. If you if you spit this romance if you hurt could grow to be -- -- -- -- discusses his -- is not in the best interest shelves well. It retail shelves lost in the best interest you that make a decision making arguments for it and -- movements and I think -- naproxen this year. We're not dead set against splitting the roles must happen to think it's about individual. Well guess what shareholders think very the other way. To think differently and the people running the bank. Running at the behest the channel to say except in -- hope excellence Abbas say about the veiled threat that humanely means is is going way over the top. But it will leave it that. We'll see what happens of that meeting next week it will have a breaking news chancellor.

Breakingviews: Dimon dilemma

Monday, May 13, 2013 - 03:16

Most Popular »

Money »

Apple hits $100 a share Apple hits $100 a share

Tue, Aug 19, 2014 - (2:06)

Nasdaq closes at 14-year high Nasdaq closes at 14-year high

Mon, Aug 18, 2014 - (2:23)

Putin puts Wall Street in buying mood Putin puts Wall Street in buying mood

Thu, Aug 14, 2014 - (2:10)

We've become a promotional culture-RetailMeNot's Bodge We've become a promotional...

Thu, Aug 14, 2014 - (4:39)

Dow back to positive territory for year Dow back to positive territory for year

Wed, Aug 13, 2014 - (2:18)

Markets cheer Russia's Ukraine exit Markets cheer Russia's Ukraine exit

Fri, Aug 08, 2014 - (1:50)

Russia, Iraq push Dow to three-month low Russia, Iraq push Dow to three-month low

Thu, Aug 07, 2014 - (2:27)

Wall Street gains but telecom disconnected Wall Street gains but telecom disconnected

Wed, Aug 06, 2014 - (2:28)

Stocks zapped by energy weakness Stocks zapped by energy weakness

Tue, Aug 05, 2014 - (2:46)

Stocks recover with refocus on earnings Stocks recover with refocus on earnings

Mon, Aug 04, 2014 - (2:19)

The S&P 500 suffers worst week in 2 years The S&P 500 suffers worst week in 2 years

Fri, Aug 01, 2014 - (2:41)

The Exchange »

The Exchange: Hot commodity The Exchange: Hot commodity

Wed, Jul 16, 2014 - (9:25)

The Exchange: Constitutional crusade The Exchange: Constitutional crusade

Wed, Jun 25, 2014 - (11:35)

The Exchange: The value of money The Exchange: The value of money

Mon, Jun 02, 2014 - (9:53)

The Exchange: China’s Second Continent The Exchange: China’s Second Continent

Tue, May 27, 2014 - (9:35)

The Exchange: A master of business arts The Exchange: A master of business arts

Thu, May 08, 2014 - (8:24)

The Exchange: America's bankrupt cities The Exchange: America's bankrupt cities

Mon, May 05, 2014 - (8:52)

The Exchange: Let the rocking commence The Exchange: Let the rocking commence

Tue, Apr 08, 2014 - (8:13)

The Exchange: The Moneyball fallacies The Exchange: The Moneyball fallacies

Mon, Mar 24, 2014 - (9:54)

Is doing good a good business? Is doing good a good business?

Mon, Mar 17, 2014 - (7:38)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:39)

Moving Pictures »

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Wed, Jul 02, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, Jun 20, 2014 - (3:04)

World Cup: Around the globe in 50 goals World Cup: Around the globe in 50 goals

Fri, Jun 06, 2014 - (1:08)

VIVID – Sydney’s spectacle of light VIVID – Sydney’s spectacle of light

Fri, May 30, 2014 - (1:37)

The week that changed Boston The week that changed Boston

Mon, Apr 14, 2014 - (3:28)