Barron’s magazine named Jamie Dimon to its annual list of the 30 Best CEO's. The article, published March 24, included the following profile of Dimon.
JPMorgan Chase, CEO since 2006
Why: Seeing the big picture, nailing the details.
For all his worldly travels as JPMorgan Chase's head of state, nothing quite compares to the bus ride Dimon took last year down the West Coast of America. It was from Washington state to San Diego, territory annexed by JPMorgan with its absorption of the faltering Washington Mutual in 2008. Clad in a Chase polo shirt, he grilled some 5,000 employees along the route on how he could better support them. He then dispatched senior bankers to make fixes, from eliminating rules requiring internal faxes to establishing Mandarin-language call centers.
That kind of attention to detail has helped make Dimon the most respected banker of his generation. JPMorgan was among the first to repay bailout funds and this month was allowed to go ahead with a big dividend increase and stock buyback. The next stop on the bus could be Fat City.