Marianne Lake’s recent appointment as the CFO of JPMorgan Chase marks another victory for women within the business world, specifically in banking. JPMorgan Chase’s CEO, Jamie Dimon, commented on the appointment that Lake was the best person for the job and the fact that she was a women was not a consideration at all, making an admirable show of hiring based on qualification and ability over all else, but the fact remains that there are still very few female executives on Wall Street. JPMorgan recently lost two other female executives, while Citigroup has none and Morgan Stanley has just one. Bank of America apparently leads with four women on its operating committee.
Read the full article here: Despite High Profile Jobs, Women Executives Still Rare