Succession planning at large-cap companies is often an important issue for investors, and JPM is no different, particularly given Dimon's high profile among clients and the public. His timeline took on additional importance following Morgan Stanley's 2023 announcement that new CEO Ted Pick would take over for James Gorman, who led the bank for 14 years. Dimon also suffered an aortic tear in 2020 that nearly killed him, bringing into even sharper relief the need for stability in the CEO transition.