Daily News: November 20, 2012

JPMorgan Names Lake to Succeed Braunstein as CFO


JPMorgan Chase announced that Marianne Lake, currently chief financial officer of its consumer & community banking business, will become chief financial officer for the company and a member of it operating committee, effective early next year.

Lake will succeed Doug Braunstein, who will become a vice chairman of the company following Lake’s transition into the CFO position in first quarter 2013. Braunstein is relinquishing oversight of the bank