JPMorgan Chase CEO Jamie Dimon is contemplating a post-retirement career that could include writing books about management and teaching, following his planned transition away from the role he has held for over 20 years. Dimon, who has managed the bank through various financial crises and significant profits, hinted at stepping down in about three years, while suggesting he may continue as the bank's chairman. He plans to keep busy, potentially engaging in business opportunities, teaching, and possibly taking on media projects. As the search for his successor intensifies, candidates such as Doug Petno and Troy Rohrbaugh have emerged. This trend of high-profile CEOs pursuing alternative ventures after retirement highlights a growing pattern among business leaders.

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Success Retirement

JPMorgan CEO Jamie Dimon says he’s eyeing up book deals and teaching gigs when he steps away from his decades-long career at the banking giant

Emma Burleigh

By Emma Burleigh Emma Burleigh

Reporter, Success Down Arrow Button Icon

Emma Burleigh

By Emma Burleigh Emma Burleigh

Reporter, Success Down Arrow Button Icon

July 14, 2026, 11:20 AM ET

JPMorgan’s Jamie Dimon

JPMorgan’s Jamie Dimon has revealed he could become a teacher after he steps down, following in the footsteps of Microsoft’s Steve Ballmer.Bloomberg / Contributor / Getty Images

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Workers daydream of the moment they can clock out of work for good, kick their feet up, and bask in their indefinite downtime. However, JPMorgan Chase CEO Jamie Dimon has just revealed that his retirement will be the second act of his career.

Dimon is preparing for succession from the $890 billion bank

Dimon has helmed the largest bank in the world by market cap for over 20 years. The Wall Street veteran has led JPMorgan through the 2008 financial crisis, landmark acquisitions, and periods of record profits. But as Dimon continues to tick past the typical CEO retirement age of 63, the world is watching who will succeed the legendary banker, who suggested he would step down as chief executive in around three years.

“Last time I was asked, I said, less than five years,” Dimon told CBS last year. “But when you say ‘retire,’ I’m not going to retire like that. I may write a book. I may teach. I may work with my kids, if they want. I would never pressure them to work with me.”

Dimon added that it’s “likely” that he would step down as CEO and stick around as chairman, but ultimately, the board has the final say. “But if it makes sense, I may be chairman for a couple years.” And now that a rough timeline has been laid out, the race to succeed Dimon has come into sharper focus.

There are a few possibilities on the table, while some promising candidates have already been ruled out. Just last month, the succession pool lost a frontrunner after Marianne Lake, CEO of JPMorgan’s consumer and community banking, announced that she would be leaving the bank. And another internal candidate—Jennifer Piepszak, the company’s chief operating officer—has expressed that she doesn’t want Dimon’s coveted job.

The two that have floated to the top of succession watch-lists are the bank’s co-presidents Doug Petno and Troy Rohrbaugh.

What CEOs do in their ‘retirement’: authorship, philanthropy, and sports teams

Dimon isn’t the only CEO who would be restless vacationing their retirement away.

Steve Ballmer, the charismatic leader of Microsoft from 2000 to 2014, went all-in on sports and other ventures after he stepped down from the helm of the tech giant. Notably, he bought the LA Clippers for $2 billion the same year he retired—and now, it’s valued around $7.5 billion. Ballmer also co-founded USAFacts: a nonpartisan project that aggregates and visualizes official U.S. government data.

And just like Dimon, he took an interest in shaping the young minds of tomorrow; the 70-year-old worth $139 billion taught an MBA course at Stanford’s Graduate School of Business, and also instructed at USC’s Marshall School of Business.

When Indra Nooyi left her role as the CEO of food giant PepsiCo in 2019, she didn’t step away from business for good. The longtime chief executive of 13 years then went on to serve on Amazon’s board, as well as the supervisory board of Dutch health company Royal Philips.

She also champions the arts and science, sitting on the Board of Trustees of both the National Gallery of Art and Memorial Sloan Kettering Cancer Center. In 2020, the now-70-year-old also added author to her resume upon the release of her book My Life in Full.

And at 72, Howard Schultz is still making his mark in philanthropy, writing, and venture capital.

The three-time Starbucks CEO, who collectively served around 25 years at the top, founded Schultz Family Foundation focused on advancing economic mobility. The businessman worth $3.6 billion is also a partner at Maveron—a VC firm he co-founded—which invests in consumer brands like Groupon, Madison Reed, and Allbirds. And in the same spirit of both Dimon and Nooyi, he’s put pen to paper in his free time, publishing four books on business.

Are you a former CEO in “retirement,” or a business leader thinking about what to do in your post-executive career? Fortune wants to hear what you’re doing—or planning to do! Reach out at emma.burleigh@fortune.com

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.

About the Author

By Emma BurleighReporter, Success

Emma Burleigh is a reporter at Fortune, covering success, careers, entrepreneurship, and personal finance. Before joining the Success desk, she co-authored Fortune’s CHRO Daily newsletter, extensively covering the workplace and the future of jobs. Emma has also written for publications including the Observer and The China Project, publishing long-form stories on culture, entertainment, and geopolitics. She has a joint-master’s degree from New York University in Global Journalism and East Asian Studies.

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