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J.P. Morgan’s Hunger Games

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
Down Arrow Button Icon
March 25, 2014, 4:42 PM ET

FORTUNE — In the midst of the financial crisis, we here at Fortune published a cover story about how Jamie Dimon and his team at J.P. Morgan (JPM) seemed to be weathering the credit crisis storm. We called them “The Survivors,” writing about how “Dimon relies on a trusted team of talented lieutenants who share his zeal for sifting piles of data to spot trouble before it happens and vigilantly control risk, even when that means sacrificing growth and losing market share to rivals.”

A total of 15 executives were profiled, including eight who appeared in the above cover image. Now only four remain, following this morning’s news that Mike Cavanagh has resigned to become co-president of The Carlyle Group (CG).

So where are they all now?

Jamie Dimon: Still the man in charge.

Steve Black: Vice chairman who left in 2010. Now co-CEO of Bregal Investments.

Gordon Smith: Still with J.P. Morgan, as head of community and consumer banking.

Charlie Scharf: CEO of Visa Inc. since late 2012.

Bill Winters: Left in 2009 and now leads asset management firm Renshaw Bay.

Jes Staley: Former I-bank boss who now leads hedge fund firm BlueMountain Capital Management.

Todd Maclin: No longer part of top management, but still with the bank as Dallas-based chair of consumer and commercial banking.

Heidi Miller: Retired in 2011, after leading the bank’s international efforts.

Bill Daley: Left in early 2011 to become White House Chief of Staff, and later flirted with idea of Illinois gubernatorial run.

Mike Cavanagh: Heading to The Carlyle Group, to become co-president and co-COO. Had been seen as likely Dimon successor.

Steve Cutler: Still with J.P. Morgan as chief legal counsel.

Barry Zubrow: Risk management boss who retired in 2012, due to the London Whale scandal. Now lectures at University of Chicago Law School.

Ina Drew: Resigned as CIO in 2012, also due to the London Whale scandal.

Jay Mandelbaum: Former head of head of strategy and business development, who left in 2012. Now advises private growth-stage companies in the payments and financial sectors.

Frank Bisignano: CEO of First Data Corp. since last April.

About the Author
By Dan Primack
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