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JPMorgan Chase Names Dana Deasy Chief Information Officer

Stocks in this article: JPM

JPMorgan Chase & Co. (NYSE:JPM) announced today it has appointed Dana Deasy as the company’s new Chief Information Officer (CIO), effective in December. In this role, Mr. Deasy will be responsible for the firm’s technology systems and infrastructure across all of its business globally.

Mr. Deasy will be joining JPMorgan Chase from BP, the $400 billion global energy company, where he was Chief Information Officer and Group Vice President responsible for global information technology, procurement and global real estate. Earlier in his career, Mr. Deasy served as CIO for General Motors North America, Tyco International and Siemens Corporation Americas.

Mike Ashworth, who served as interim CIO over the past several months, has been named Deputy CIO for the company and Chief Information Officer for the firm’s leading Consumer & Community Banking business. Mr. Ashworth is a recognized leader who has held a number of senior leadership positions at the firm over his 27-year career there, including as head of Global Technology Infrastructure and as CIO for the Investment Bank.

“Technology fuels almost every aspect of our company and is core to the value proposition we offer our customers, clients and communities,” said Paul Compton, Chief Administrative Officer for JPMorgan Chase. “Dana Deasy is an extraordinarily talented executive with outstanding experience, and we are pleased he’ll be leading this critically important role for our company.”

Gordon Smith, CEO of the company’s consumer businesses, added, “We’re also very fortunate that someone with Mike Ashworth’s deep experience across our company will be responsible for delivering technology solutions to our 52 million consumer and small business customers across the United States. Our customers have come to expect the best solutions from Chase, and Mike will help ensure we deliver on that promise.”

JPMorgan Chase & Co. (NYSE:JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com



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