Jennifer Piepszak

Q: What is Jennifer Piepszak's salary?

Her CFO salary was previously estimated around $7.86M per year . As COO, compensation details aren’t fully public—but her compensation remains substantial, combining salary, bonuses, and equity.

Q: What is Jennifer Piepszak's background?

She holds a Bachelor of Science from Fairfield University . Over three decades, she’s climbed through every major division at JPMorgan, earning accolades and building a reputation as a results‑driven leader. She’s also active in the community, serving on the boards of United Way of New York City and the American Bankers Association, while raising three children in New Jersey.

BIO:

Name: Jennifer Piepszak
Title/Position: Chief Operating Officer (COO), JPMorgan Chase & Co. (appointed January 2025)
Industry: Finance / Banking
Location: New York, New York, USA
Age: Born 1970 (age 54 in 2025)
Net Worth: Estimated at $18.3 million in mid‑August 2025, based on her JPMorgan stock holdings (62,455 shares valued at over $18.3M)—some estimates vary, citing up to $34.6M earlier in 2025

Jennifer Piepszak as seen on JP Morgan Chase

Jennifer Piepszak’s Story

As the COO of JPMorgan, Jennifer Piepszak is a powerhouse in finance and one of the top women in banking. She joined JPMorgan Chase in 1994, starting from the ground up in Corporate & Investment Banking, working as Controller for Global Equities and Prime Services, CFO for Proprietary Positioning & Principal Investments, and CFO for the Investment Bank Credit Portfolio.

Over 30 years, she shattered ceilings—leading business banking, heading Chase Card Services, becoming CFO of JPMorgan, and ultimately being named COO in January 2025. She’s not just climbing. She’s reshaping. Her journey is a masterclass in rising by doing the work, mastering diverse roles, and always delivering results.

When offered a shot at the top CEO she chose a different path. She said clearly she didn’t want to be considered for the CEO role “at this time,” preferring a senior operating role alongside Jamie Dimon to support leadership. That kind of clarity and confidence shows her modern leadership and service to her team.

She balances home and work too as she is married with three kids, living in New Jersey, and serving on the board of United Way of New York City. Her story is inclusive and incredibly motivating: you can have an incredible impact, stay true to your values, and make a difference both inside and outside the office.

Career Highlights

Key Milestones:

1994: Joined JPMorgan in Corporate & Investment Bank roles
2015–2017: CEO of Business Banking
2017–2019: CEO of Chase Card Services
2019: Appointed CFO of JPMorgan Chase & Co.
2021: Named Co‑CEO of Consumer & Community Banking alongside Marianne Lake
January 2025: Appointed COO of JPMorgan Chase, taking over corporate functions with Jamie Dimon

Achievements:

Ranked among Fortune’s Most Powerful Women—24th in 2023
Named among Forbes’ 100 Most Powerful Women in the World in 2023
Recognized by American Banker as the No. 3 Most Powerful Woman in Banking in 2024
Honored by Crain’s New York as the No. 2 Most Powerful Woman in New York in 2019 and by American Banker as the No. 4 Woman to Watch in 2018
Serves on the boards of United Way of New York City and the American Bankers Association

Jennifer Piepszak Net Worth

Jennifer’s wealth comes from a mix of high-level salary, bonuses, and substantial stock holdings in JPMorgan:

Her annual salary as CFO was around $7.86 million (as of mid‑2025).
She holds tens of thousands of JPMorgan shares—62,455 shares valued over $18M as of August 12, 2025.
Earlier estimates—including sale gains and equity compensation—put her net worth at up to $34.6M in early 2025.

So her wealth is driven by compensation, stock ownership, and insider stock performance over her long tenure.

Jennifer Piepszak in the News

1. Elevated to COO in January 2025, becoming the first woman to hold that role at JPMorgan Chase, overseeing corporate functions and technology across the firm.
2. Exited the CEO succession race, stating a desire to support leadership rather than aim for the top job now.
3. Continues to shape the bank’s future, co-leading operations and supporting strategic transitions as the firm navigates leadership succession planning.

Quotes by Jennifer Piepszak

“I’m most proud of our ability to respond to a changing macroeconomic environment while continuing to better serve our customers, communities, and each other.”
“The value of our franchise is clearly greater than the sum of its parts–which benefits our customers, our employees and our shareholders”

FAQs: Most Asked Questions About Jennifer Piepszak

What is Jennifer Piepszak’s job history?

She had a powerhouse career at JPMorgan: starting in corporate & investment banking in 1994, then leading business banking, Chase Card Services, becoming CFO in 2019, Co‑CEO of Consumer & Community Banking in 2021, and finally COO of the entire firm in 2025.

What is Jennifer Piepszak’s salary?

Her CFO salary was previously estimated around $7.86M per year. As COO, compensation details aren’t fully public—but her compensation remains substantial, combining salary, bonuses, and equity.

What is Jennifer Piepszak’s background?

She holds a Bachelor of Science from Fairfield University. Over three decades, she’s climbed through every major division at JPMorgan, earning accolades and building a reputation as a results‑driven leader. She’s also active in the community, serving on the boards of United Way of New York City and the American Bankers Association, while raising three children in New Jersey.