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David Cote

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Dimon Poised to Survive Challenge at J.P. Morgan

J.P. Morgan Chase & Co.'s (JPM) James Dimon seemed likely Tuesday to survive a challenge to his grip on the posts of chairman and chief executive, according to a person who saw a preliminary vote tally.Shareholders were also seen as likely to re-elect all members of the bank's board of directors, although some directors were clinging to slim majorities, the person said.Full results are expected to be announced at the bank's shareholder meeting Tuesday in Tampa, Fla.The preliminary tally showed a resolution that proposed splitting the chairman and CEO roles had failed to pass, the person said. That person declined to say whether the resolution received more than 40% support--the level a similar proposal received last year.In addition, all directors had the support of a majority of shareholders as of yesterday, though the vote appeared as if it could be close for some, according to a person familiar with the votes.A representative of J.P. Morgn declined to comment.In the days leading up ...

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  1. Honeywell CEO Would Rather See Automatic U.S. Spending Cuts Than Nothing

    Honeywell International Inc. (HON) Chief Executive David Cote said Wednesday he would rather see automatic U.S. spending cuts kick in next month, in the interest of ...

  2. Analysis: Companies offset weak sales growth with fat margins

    After four years of belt-tightening, American companies are good at squeezing more profit out of every dollar of sales - a skill that chief executives regard as crit...

  3. CEOs Vow to Continue Debt Fight

    U.S. executives largely panned the congressional deal to steer America away from the "fiscal cliff," saying Washington wasted an opportunity to address the nation's ...

  4. CEOs Push for Fiscal Cliff Deal

    A group of high-profile chief executives urged President Barack Obama and Republican congressional leaders on Tuesday to strike a deal to avert the "fiscal cliff" th...

  5. Caution: Gridlock Could Spell Trouble for Stocks This Time

    Fearing needless meddling from politicians in Congress, market veterans typically believe in the maxim that gridlock in Washington is good for stock prices on Wall S...

  6. Honeywell CEO: Clearly the President is Listening

    Honeywell CEO David Cote on efforts to reach a deal to avoid the fiscal cliff.

  7. NYSE, Honeywell CEOs call for action on "fiscal cliff"

    U.S. politicians face a stark choice over the next six weeks: come together on a deal to avoid the fiscal cliff, or prepare for a recession as companies seek other p...

  8. White House lists two dozen leaders to meet with Obama on deficit

    Two dozen business, labor and civic leaders, including the chief executives of major U.S. corporations such as Ford, IBM and Wal-Mart, will meet President Barack Oba...

  9. Should Investors Take on More Risk?

    ING Investment Management U.S. Chief Market Strategist David Cote on why investors should accept more risk in order to grow their portfolios.

  10. John Mack Goes Back to Work, Joining KKR

    Private-equity giant KKR (NYSE:KKR) tapped former Wall Street heavyweight John Mack on Tuesday to join the firm as a senior advisor.Mack, 67, served as CEO at Morgan...

  11. Honeywell CEO on the Corporate Tax Rate, Economy

    Honeywell International CEO David Cote on efforts to reduce the corporate tax rate and why significant GDP growth is needed to reduce the unemployment rate.

  12. Talking Energy in Silicon Valley

    John McDonald, Chevron chief technology officer, on how Chevron fits in in Silicon Valley, and how the company is using solar and steam to extract oil.

  1. Dimon Played Role Over Who Serves on JPMorgan Board

    For years, JPMorgan Chase & Co Chairman and CEO Jamie Dimon and other executives have hand-picked new directors, in a practice that is now unusual for a major U.S. b...

  2. J.P. Morgan Investors Examine Links With Directors

    Shareholders are taking a close look at financial relationships between some J.P. Morgan Chase & Co. (JPM) board members and the company they oversee, in a sign of t...

  3. Top Chase Directors Back Dimon as CEO, Chair

    Pushing back against a growing effort to curb Jamie Dimon's power, J.P. Morgan Chase's (NYSE:JPM) lead director warned shareholders on Friday that a vote to separate...

  4. JPM Under Pressure to Split CEO, Chair

    Ratcheting up the heat on J.P. Morgan Chase (NYSE:JPM) management, a second major proxy adviser threw its support on Tuesday behind a proposal that would strip CEO J...

  5. Glass Lewis Says J.P. Morgan Should Have Independent Chairman

    A second major proxy adviser urged J.P. Morgan Chase & Co. (JPM) shareholders to separate the chairman and CEO roles and vote out directors who serve on the bank's r...

  6. JPMorgan shareholders urged to reject three directors

    JPMorgan Chase & Co shareholders should vote against the re-election of three board members because they failed to properly oversee risk-taking that led to $6.2 bill...

  7. Honeywell Has Its Hands in the Honey Pot

    Justin Danhof took the floor at Honeywell International Inc.'s (HON) annual meeting in Morris Township, N.J., on Monday to ask about the company's taxpayer-funded bi...

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