Why did Sandy Weill fire Jamie Dimon? - Quora.

Sandy Weill pushed Jamie Dimon out of Citigroup because he was too ambitious. “The problem was in 1999 he wanted to be C.E.O. and I didn’t want to retire,” Weill told the New York Times.

Jamie Dimon vs. Sandy Weill: In an excerpt from his soon-to be-published book, Last Man Standing, author Duff McDonald sheds new light on one of the most complicated personal relationships in modern American capitalism.

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Dimon's career in the brokerage business seemed preordained by his lineage. His grandfather, a Greek immigrant from Smyrna, was a broker and passed on his knowledge of the business to his son and partner, Theodore Dimon. Jamie Dimon's father and grandfather worked together for 19 years, and Dimon worked summers in their New York office.Theodore Dimon Jamie’s father was an executive vice president at American Express. Jamie Dimon came to Weill’s attention when his father Theodore passed along an essay that Jamie had written. Jamie Dimon Jp Morgan. Dimon became CEO of Bank One, the nation’s fifth-largest bank in March 2000.Weill declined to be interviewed about Dimon, but in the past he has made it clear he believes Dimon was too impatient. “The problem was in 1999 he wanted to be C.E.O. and I didn’t want to.


The rift between Sandy Weill and Jamie Dimon supposedly started when Dimon repeatedly passed over Jessica Bibliowicz (Sandy Weill's daughter) several times for promotion. Weill had left the decisions to Dimon, but had made it clear that his wish.Jamie Dimon and Bank One Successful entrepreneur and businessman Jamie Dimon was hired as the CEO of Bank One to analyze and correct many significant issues. Political infighting, rampant overhead costs, poor customer service, low morale, and outdated IT systems were only a few of the daunting problems plaguing the company.

Jamie Dimon: Let me just give you. where he joins Sandy Weill, whom he had courted with an essay. 1991;. “Jamie hates Bear.” No, some of the best people in this company came from Bear.

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Dimon’s personal and professional background before JP Morgan Chase: Even prior to joining JP Morgan Chase, Jamie Dimon’s professional pedigree was certainly impressive. Having graduated with a Harvard MBA in 1982, he favored going to work for Sandy Weill at American Express over a higher paying offer from Goldman Sachs.

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Dimon's father, Theodore Dimon, was an executive vice president at American Express. The younger Dimon came to Weill's attention when Theodore passed along an essay that Jamie had written. Career. In a power struggle, Weill left American Express in 1985 and Dimon followed him.

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Dimon’s father, Theodore Dimon, was an executive vice president at American Express. The younger Dimon came to Weill’s attention when Theodore passed along an essay that Jamie had written. Sandy Weill left American Express in 1985 and Dimon followed him. The two then took over Commercial Credit, a consumer finance company, from Control Data.

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Jamie Dimon received eight weeks of radiation and chemotherapy ending in September 2014. 37 Facts About Jamie Dimon.

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In 1998, however, Weill ousted Dimon after a disagreement, and Dimon made his way to Bank One, where he served as chairman and CEO until the company merged with JPMorgan Chase.

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In 1998, Dimon left Citigroup after Sandy Weill asked him to. The reasons for it are so far unknown, but it is rumored that Weill fired him after refusing to promote his daughter. J.P. Morgan Chase. In 2000, Jamie Dimon became the CEO of Bank One, which he managed to raise it as the 5th largest U.S. bank.

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Jamie Dimon is the chairman and chief executive officer of JPMorgan Chase, which is the largest bank of the big four banks in America. He has served at the Federal Reserve Bank of New York as the board of director. This established businessman was named four times on the list of the world’s top 100 most influential people, this was during the years 2006, 2008, 2009, and 2011 by the Times.

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The HBS Finance Club was honored to have Jamie Dimon, Chairman and CEO of JPMorgan Chase, give an engaging speech in a packed Spangler Auditorium on Tuesday, November 6, 2007. Jamie gave a great speech, making the audience of about 300 HBS students often laugh with his war stories from his career. As a JPMorgan.

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Jamie Dimon I chose Jamie Dimon as a leader that I wanted to learn more about. I wanted to learn about the values that he holds true and how he incorporates those values into the way that he leads his company, JPMorgan Chase. Jamie Dimon graduated from Harvard in 1982. After graduation, Sandy Weill, a family friend and mentor, convinced Dimon to join him at American Express.

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