Jamie Dimon

About Jamie Dimon

James "Jamie" L. Dimon (born March 13, 1956) is the current CEO and chairman of JPMorgan Chase & Co..

Jamie Dimon was born in New York. His grandfather, a Greek immigrant from Smyrna, was a broker and passed on his knowledge of the business to his son and partner, Theodore. They worked together for 19 years, and Jamie held summer jobs at their New York office.[citations needed]

As a boy, Jamie Dimon attended The Browning School, a prestigious all boys prep-school on the upper east side. Later, he majored in psychology and economics at Tufts University, before earning an Master of Business Administration degree from Harvard Business School. Upon his graduation in 1982, Sandy Weill convinced him to turn down offers from Goldman Sachs and Morgan Stanley to join him as an assistant at American Express. Though Weill could not offer the same amount of money as the investment banks, Weill promised Dimon that he would have "fun." In a power struggle, Weill left American Express in 1985, Dimon followed him, and the two took over Commercial Credit, a consumer finance company, from Control Data, which became the vehicle that Dimon and Weill would use to propel themselves to the top of the financial world. Through a series of unprecedented mergers and acquisitions, in 1998 Dimon and Weill were able to form the largest financial services conglomerate the world had ever seen, Citigroup. Although Weill was the one who made the deals, Dimon was the "whiz kid" who made the numbers work.[citations needed]