Jennifer Piepszak named CEO of Chase Business Banking

NEW YORK--(BUSINESS WIRE)--

JPMorgan Chase & Co. today named Jennifer Piepszak Chief Executive Officer of Business Banking, part of Chase's Consumer & Community Banking which serves 4 million American small businesses. She succeeds Scott Geller, who is returning to Commercial Banking as a senior executive in Middle Market Banking & Specialized Industries.

“Both Jenn and Scott have demonstrated a strong ability to serve customers, manage risk and lead people,” said Gordon Smith, Chief Executive Officer of Consumer & Community Banking. “This transition helps us leverage the entire firm's resources and expertise to help American businesses succeed.”

Piepszak has held a variety of leadership positions in the Investment Bank and Mortgage Banking, before being named head of Business Banking National Sales last year. She has been with the firm 21 years and is a graduate of Fairfield University.

Geller, who joined JPMorgan Chase in 1986, led Business Banking for the past three years, growing loans, deposits and earning industry recognition for small business customer satisfaction. His new role will focus on building specialized industry coverage in Middle Market Banking and other sectors such as government, non-profit, and healthcare.

Chase demonstrates its support of American business in several ways:

• As the nation's No. 1 SBA lender to women- and minority-owned businesses for three consecutive years
• With more than 10,000 specially trained Chase bankers who work with small businesses across the country
• Through programs such as Mission Main Street Grants, Small Business Forward and Startup Week powered by Chase
• By reflecting the views of Chase business clients in the annual Chase Business Leaders Outlook study

Businesses interested in expansion, hiring or working capital should contact a Chase Business Banking or visit www.chase.com/missionmainstreet.

About Chase

Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. JPM, a leading global financial services firm with assets of $2.5 trillion and operations worldwide. Chase serves nearly half of America's households with a broad range of financial services, including personal banking, small business lending, mortgages, credit cards, auto financing and investment advice. Customers can choose how and where they want to bank: 5,600 branches, 20,000 ATMs, online, mobile and by phone. For more information, go to www.chase.com.