JPMorgan Chase & Co. (JPM) Presents at Alliance Bernstein 37th Annual Strategic Decisions Conference (Transcript)

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JPMorgan Chase & Co. (NYSE:JPM) Alliance Bernstein 37th Annual Strategic Decisions Conference June 3, 2021 1:30 PM ET

Company Participants

Gordon Smith - Co-President and Co-Chief Operating Officer

Conference Call Participants

John McDonald - Autonomous Research

John McDonald

Here you go.

Gordon Smith

Can you see me now?

John McDonald

Yes.

Gordon Smith

Excellent. Great.

John McDonald

Okay. We are live, and we are very happy to have JPMorgan Chase up next. And joining us is Gordon Smith, who is returning to our conference. Gordon, we're so happy to have you back.

Gordon Smith

Thank you, John. Thank you.

John McDonald

To those of you who don't know, Gordon is Co-President and Co-Chief Operating Officer of JPMorgan Chase until a very recent announcement, Head of the Consumer businesses. Gordon, congratulations on your recently announced pending retirement.

Gordon Smith

Thank you.

John McDonald

Sorry to see you go, but happy for you. And maybe you could give us a little background on what led to your decision. And it sounds like you might be playing a little bit of a role next year at the Company as well and give us the color on that.

Gordon Smith

Yes. So a little bit of -- this -- those -- and John, you follow the Company very closely, we sort of started this journey a couple of years ago from a succession perspective, with Mary Anne's move into the consumer businesses, and Jen, who has been running businesses here into CFO. So this has been in my mind for a while, and my wife and I talked about it over the holidays last year and just really felt that this is the perfect time.

The Company is in great shape. I will be, hopefully, a youthful 63 come August of this year. And it just -- it felt like

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