Steven Black (businessman)

Last updated

Steven D. Black
Born1953 (age 7172)
NationalityUnited States
Alma mater Duke University (BA)
Occupation Investment Banker
Employer JPMorgan Chase & Co.
Title Co-CEO of Investment Banking
SpouseLyn Murdock Black
Parent Creed Carter Black
RelativesJackson V.

Steven "Steve" D. Black (born 1953) is the former Vice-Chairman of JPMorgan Chase & Co. He previously served as the Co-Chief Executive Officer of J.P. Morgan, the investment banking subsidiary of JPMorgan Chase.

Contents

Biography

Black is a 1974 graduate of Duke University, and has served on the New York Development Council. In October 2009 he was succeeded by Jes Staley. He began his career at Smith Barney, where he was part of the company's trainee program in 1974. [1] He rose to become the head of the company's capital markets division and, by 1993, he was appointed vice chairman. [1] He left the company in 1998 together with his mentor, Jamie Dimon, who was then the company's president. [1]

In 2000, JPMorgan tapped Black to head its global equities unit. [2] He was credited for the company's acquisition of Bear Sterns. [3]

In April 2020, he was elected to the board of Wells Fargo. [4]

Black and his wife Lyn live in Greenwich, Connecticut.

References

  1. 1 2 3 Abelson, Max (November 9, 2010). "Steve Black and the Intrigue at JPMorgan". Observer. Retrieved October 6, 2025.
  2. King, Danny (June 15, 2016). "JPMorgan Vice Chairman Steve Black to Leave the Company". AOL. Retrieved October 7, 2025.
  3. Sidel, Robin (November 3, 2010). "J.P. Morgan Vice Chairman Steve Black Is Leaving the Firm". Wall Street Journal. ISSN   0099-9660 . Retrieved October 6, 2025.
  4. Tyagi, Shreya (April 29, 2020). "Wells Fargo adds to board; Wynnchurch Capital announces promotions". S&P Global . Retrieved October 31, 2020.