JP Morgan's Global Head Of Payments Takis Georgakopoulos To Leave; Appoints Max Neukirchen And Umar Farooq As New Co-Heads Of Payments
Portfolio Pulse from Benzinga Newsdesk
JP Morgan's Global Head of Payments, Takis Georgakopoulos, is set to leave the company. Max Neukirchen and Umar Farooq have been appointed as the new co-heads of payments, according to a memo cited by Reuters.
June 03, 2024 | 3:01 pm
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JP Morgan's Global Head of Payments, Takis Georgakopoulos, is leaving. Max Neukirchen and Umar Farooq have been appointed as the new co-heads of payments.
The departure of a key executive and the appointment of new co-heads could lead to some short-term uncertainty. However, the impact on the stock price is likely to be neutral as the company has quickly filled the leadership positions.
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