Douglas B. Petno net worth and biography

Douglas Petno Biography and Net Worth

Doug Petno is the Chief Executive Officer of Commercial Banking, one of the firm's four lines of business. He reports to Jamie Dimon, Chairman and CEO, and is a member of the firm's Operating Committee.

Commercial Banking has more than 10,000 professionals located in 142 locations across the US and 30 major international cities. Commercial Banking delivers industry leading capabilities and comprehensive financial solutions, including investment banking, treasury services, merchant services, and commercial lending. The business serves more than 18,000 clients, including mid-sized businesses and corporations, government entities and not-for-profit organizations and more than 33,000 real estate investors/owners.
Petno has more than 30 years of experience at the firm. Prior to his current role, Doug was Global Head of J.P. Morgan's Natural Resources Investment Banking Group, where he oversaw client coverage for Oil & Gas, Power & Utilities, Chemicals, Metals & Mining, Building Products, and Paper & Packaging. He joined Commercial Banking in 2010 as Chief Operating Officer and then became the Chief Executive Officer in 2012.

Petno recently joined The Nature Conservancy Board of Directors and is Vice Chairman of NatureVest, an initiative to advance impact investing in conservation. Petno is on the Board of the American Bankers Association and is actively engaged with the members on key issues facing the banking industry. He also serves on the Board of Directors for the J.P. Morgan Chase & Co. Foundation. He received an A.B. degree in Biology from Wabash College and holds a Master of Business Administration from the University of Rochester's Simon School of Business.

What is Douglas B. Petno's net worth?: The estimated net worth of Douglas B. Petno is at least $65.85 million as of June 15th, 2023. Mr. Petno owns 277,161 shares of JPMorgan Chase & Co. stock worth more than $65,853,454 as of December 21st. This net worth approximation does not reflect any other investments that Mr. Petno may own. Learn More about Douglas B. Petno's net worth.
How do I contact Douglas B. Petno?: The corporate mailing address for Mr. Petno and other JPMorgan Chase & Co. executives is 383 MADISON AVENUE, NEW YORK NY, 10179. JPMorgan Chase & Co. can also be reached via phone at (212) 270-6000 and via email at [email protected]. Learn More on Douglas B. Petno's contact information.
Has Douglas B. Petno been buying or selling shares of JPMorgan Chase & Co.?: Douglas B. Petno has not been actively trading shares of JPMorgan Chase & Co. during the last quarter. Most recently, Douglas B. Petno sold 4,930 shares of the business's stock in a transaction on Thursday, June 15th. The shares were sold at an average price of $142.16, for a transaction totalling $700,848.80. Following the completion of the sale, the chief executive officer now directly owns 277,161 shares of the company's stock, valued at $39,401,207.76. Learn More on Douglas B. Petno's trading history.
Who are JPMorgan Chase & Co.'s active insiders?: JPMorgan Chase & Co.'s insider roster includes Ashley Bacon (Insider), Lori Beer (Global Chief Information Officer), Stephen Burke (Director), Reginald Chambers (CFO & Head of Strategy for Commercial Banking), James Dimon (Chairman & CEO ), James Dimon (Chairman & CEO), Mary Erdoes (CEO), Stacey Friedman (General Counsel), Nicole Giles (Insider), Mellody Hobson (Director), Elena Korablina (Insider), Marianne Lake (CEO), Robin Leopold (Insider), Douglas Petno (CEO), Jennifer Piepszak (CFO), Daniel Pinto (CEO), Peter Scher (EVP), and Gordon Smith (CEO). Learn More on JPMorgan Chase & Co.'s active insiders.
Are insiders buying or selling shares of JPMorgan Chase & Co.?: During the last year, insiders at the financial services provider sold shares 19 times. They sold a total of 1,099,868 shares worth more than $202,070,163.55. The most recent insider tranaction occured on June, 10th when insider Ashley Bacon sold 5,086 shares worth more than $1,014,860.44. Insiders at JPMorgan Chase & Co. own 0.8% of the company. Learn More about insider trades at JPMorgan Chase & Co..
Information on this page was last updated on 6/10/2024.

Douglas B. Petno Insider Trading History at JPMorgan Chase & Co.

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
6/15/2023	Sell	4,930	$142.16	$700,848.80	277,161
5/15/2023	Sell	4,932	$134.90	$665,326.80	282,091
10/26/2022	Sell	5,139	$125.02	$642,477.78	248,011
1/29/2021	Sell	22,011	$129.84	$2,857,908.24
1/27/2020	Sell	62,085	$131.94	$8,191,494.90
4/15/2019	Sell	18,303	$109.74	$2,008,571.22	259,386
1/29/2019	Sell	11,659	$105.00	$1,224,195.00
1/18/2017	Sell	21,532	$83.67	$1,801,582.44	86,338
1/17/2017	Sell	6,728	$84.16	$566,228.48	115,938
1/29/2016	Sell	10,566	$59.00	$623,394.00	118,955

Douglas B. Petno Buying and Selling Activity at JPMorgan Chase & Co.

JPMorgan Chase & Co. Company Overview

JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking. The CIB segment provides investment banking products and services, including corporate strategy and structure advisory, and equity and debt market capital-raising services, as well as loan origination and syndication; payments; and cash and derivative instruments, risk management solutions, prime brokerage, and research. This segment also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The CB segment provides financial solutions, including lending, payments, investment banking, and asset management to small and midsized companies, local governments, nonprofit clients, and large corporations, as well as investors, developers, and owners of multifamily, office, retail, industrial, and affordable housing properties. The AWM segment offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; and retirement products and services, brokerage, custody, estate planning, lending, deposits, and investment management products to high net worth clients. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.

Today's Range

Now: $237.60

$231.59

$239.21

50 Day Range

MA: $236.27

$219.78

$250.29

2 Week Range

Now: $237.60

$164.30

$254.31

Volume

32,289,906 shs

Average Volume

9,105,216 shs

Market Capitalization

$668.93 billion

P/E Ratio

13.22

Dividend Yield

2.15%

Beta

1.11

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