How does Bank of America CEO Brian Moynihan compare to his counterparts at JPMorgan Chase, Citigroup, Goldman Sachs, and Wells Fargo when it comes to time in the corner office? Image credit: Bank of America.
Only someone without experience thinks experience doesn't matter. In the business world, of course, it matters a lot. It's for this reason that I created the slideshow below, which reveals how long the CEOs of the nation's biggest banks have been at their respective helms.
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Of the eight banks examined in the slideshow, JPMorgan Chase's CEO Jamie Dimon takes the cake when it comes to length of service. Dimon joined JPMorgan Chase through its 2004 acquisition of Bank One. He was promoted to CEO on the final day of 2005 and has led JPMorgan Chase ever since, generating a triple-digit shareholder return along the way.
Also included in the slideshow below are the CEOs of Bank of America , Citigroup , Wells Fargo , Goldman Sachs , and others. It's no coincidence that there's a relationship between the tenure of these companies' CEOs and the performance of their companies' stocks over the past decade. To wit, while the CEOs of Wells Fargo and Goldman Sachs have been in their positions for nearly as long as JPMorgan's Dimon, their counterparts at Bank of America and Citigroup are much greener.
With this in mind, I encourage you to scroll through the brief slideshow below, which reveals exactly how long the CEOS of Wall Street's eight leading banks have been at the top.
Source: Media reports, company press releases, YCharts.com.
The article Big Bank CEOs, Ranked by Their Time at the Top originally appeared on Fool.com.
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