JPMorgan CEO Has Throat Cancer
Jamie Dimon says prognosis is 'excellent'
By Rob Quinn, Newser Staff
Posted Jul 2, 2014 2:06 AM CDT
JPMorgan Chase & Co. Chief Executive Officer James Dimon testifies before the House Financial Services Committee.   (AP Photo/Haraz N. Ghanbari)

(Newser) – JPMorgan Chase chief Jamie Dimon says he has been diagnosed with throat cancer—but it was caught early and he will be able to keep working while he is being treated. The 58-year-old CEO has told colleagues and shareholders that he will limit his travel during the eight weeks he is receiving radiation and chemotherapy treatment, but business will continue as usual, reports the Wall Street Journal. Dimon says his prognosis is "excellent" and the cancer is confined to his throat and the lymph nodes on the right side of his neck.

"I feel very good now and will let all of you know if my health situation changes," wrote Dimon, who has just marked his 10-year anniversary with the bank. Several top executives have recently left JPMorgan and it's not clear who would take charge if Dimon was forced to step down, but the bank says plans were in place even before the CEO's diagnosis, the New York Times reports. The bank "had already established a short-term, medium-term, and longer-term succession plan," a spokesman says.

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Showing 3 of 23 comments
dan6807
Jul 3, 2014 5:17 PM CDT
Oh, poor baby! Have a Halls, take two snorts and don't call, While your're at it a check to the nearest cancer treatment center is a thought.
TessTalks
Jul 2, 2014 10:04 PM CDT
Sounds like Karma to me.
trailmix
Jul 2, 2014 10:01 AM CDT
Two differant times at two differant banks I went to cash checks at the banks the accounts were drawn on. I had no account at either bank and was told by both that I needed to open an account or pay a $5 fee before they would cash the check. One was a payroll check and the other was a personal check. I believe that to be extortion, as they refuse to honor their own checks. Board meeting at the banks can't be about customer service, but how to create more fees as to fund corporate bonuses