Finance

Jamie Dimon's doctors expect the JPMorgan chief to 'fully recover,' source says

Key Points
  • JPMorgan Chase CEO Jamie Dimon is expected to "fully recover" after having an unplanned heart surgery, according to a person who was briefed by his doctor.
  • Dimon, 63, was in touch with the bank's senior leaders a day after the emergency procedure to repair an acute aortic dissection, the person said.
  • "We talked to his doctors, and they are happy so far," the person said.
Jamie Dimon, Chairman and CEO of JP Morgan Chase.
Adam Jeffery | CNBC

JPMorgan Chase CEO Jamie Dimon is expected to "fully recover" after having an unplanned heart surgery, according to a person who was briefed by his doctors.

Dimon, 63, was in touch with the bank's senior leaders Friday, a day after the emergency procedure to repair an acute aortic dissection, the person said. Dimon, who has led JPMorgan since 2006, suffered chest pains Thursday morning and checked into a hospital before the tear in his aorta worsened, this person added.

"We expect him to fully recover," said the person, who declined to be identified speaking about the chairman and CEO's health. "We talked to his doctors, and they are happy so far," the person said, cautioning that with any such procedure, there could be unforeseen complications.

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JPMorgan, the biggest U.S. bank by assets, will be led by co-presidents Daniel Pinto and Gordon Smith as Dimon recuperates, the bank said late Thursday in a memo to employees. The bank called his surgery "successful."

When Pinto and Smith were named co-presidents two years ago, it was with the tacit acknowledgement that should Dimon be unable to perform as CEO, the company had two experienced leaders ready to take over.

Over a longer time frame, executives Marianne Lake and Jennifer Piepszak, the former and current chief financial officers of the bank, are seen as strong contenders for CEO.

While Dimon is expected to return to his role, the bank didn't want to commit to a timetable, the person said.