Millennium Post

JP Morgan Chase CEO Dimon has throat cancer

JP Morgan Chase Chief Executive Jamie Dimon said he has been diagnosed with throat cancer but his condition is curable and will soon begin treatment while continuing to be ‘actively involved’ in the banking giant's business.

In a brief letter to his colleagues and shareholders, Dimon disclosed that the cancer was detected quickly and is confined to the original site and adjacent lymph nodes on the right side of his neck with no evidence of cancer elsewhere in his body. ‘The good news is that the prognosis from my doctors is excellent, the cancer was caught quickly, and my condition is curable.’

Dimon, 58, said as he begins the eight-week long radiation and chemotherapy treatment at the city-based Memorial Sloan Kettering Hospital, he plans to continue to be ‘actively involved in our business, and we will continue to run the company as normal.’

‘...our company will move forward together with confidence as we continue to deliver first-class results for our customers, communities and shareholders. I feel very good now and will let all of you know if my health situation changes,’ he said in the letter. Dimon has been the Chief Executive Officer and President since 2005. He had been President and Chief Operating Officer since JPMorgan Chase's merger with Bank One Corporation in July 2004.

He serves on the Board of Directors of Harvard Business School and is also on the Board of Trustees of New York University School of Medicine. Dimon  has been at the helm of the banking giant during a tumultuous time with billions of dollars in regulatory penalties being slapped on it.
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