Key Facts

• JPMorgan Chase & Co. has named Troy Rohrbaugh and Doug Petno as co-presidents following the retirement of consumer banking chief Marianne Lake.
• Marianne Lake's retirement triggers a reset in the race to succeed Jamie Dimon as CEO of JPMorgan Chase & Co.
• The appointments of Rohrbaugh and Petno were reported by Katherine Doherty on Bloomberg Television.
• The move is seen as a significant development in the succession plan for JPMorgan Chase & Co., with Dimon's eventual departure being a major concern for investors.
• The changes at JPMorgan Chase & Co. are being closely watched by investors and analysts, who are trying to gauge the implications for the company's future leadership and strategy.