JPMorgan AI Chief Teresa Heitsenrether Plans 2026 Retirement
JPMorgan AI Chief Teresa Heitsenrether Plans 2026 Retirement
Publish Date: 2026-07-01 15:35:00
Source Domain: www.pymnts.com
- Teresa Heitsenrether, with nearly 40 years at JPMorgan, is retiring soon after leading its AI strategy and serving as the chief data and analytics officer.
- Scot Baldry, the bank’s current chief technology officer, will take over Heitsenrether’s roles and responsibilities but will not join the operating committee.
- During her tenure, Heitsenrether drove significant AI initiatives including JPMorgan’s membership in Anthropic’s Project Glasswing and the development of the bank’s own large language model.
- JPMorgan Chase CEO Jamie Dimon underscored Heitsenrether’s crucial contribution in shaping the bank’s data and AI strategy in a retirement announcement memo.
- Notably, Heitsenrether’s previous role as head of securities services managed assets under custody totaling $29.7 trillion.
- Additionally, two executives, Doug Petno and Troy Rohrbaugh, were promoted to co-presidents and given new CEO roles within division branches, indicating a shift in leadership and part of JPMorgan’s succession planning.
