Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  JPMorgan Chase       

Mes dernières consult.
Most popular
News SummaryMost relevantAll newsSector newsTweets

JPMORGAN CHASE : Executive Mel Martinez Takes on Added Role as Chairman of JPMorgan Chase Foundation

share with twitter share with LinkedIn share with facebook
share via e-mail
05/03/2011 | 03:20pm CET

Mel Martinez, JPMorgan Chase's senior executive in Florida and the region, has taken on additional duties as Chairman of the company's foundation, which donates more than $150 million around the world each year.

Martinez, who served in the U.S. Senate and as Secretary of Housing and Urban Development, joined JPMorgan Chase last year and will continue to represent the firm at the most senior level as chairman of Florida, Mexico, Central America and the Caribbean.

"Mel has been a terrific leader both inside the company and with our clients and our communities," said Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase. "He knows the important role our firm plays locally, nationally and internationally, and his experience, integrity, judgment and compassion will serve us all well."

Martinez will oversee the firm's philanthropic organization, which gave more than $150 million through grants and sponsorships to thousands of not-for-profit organizations across 28 states and more than 25 countries last year. He succeeds Bill Daley, who left the firm to become President Obama's Chief of Staff.

Martinez emigrated from Cuba in the early years of the Castro regime as a teenager through Operation Peter Pan, a humanitarian program that relocated 14,000 Cuban children. After living with his younger brother in refugee camps and foster homes, Martinez worked his way through school, earning undergraduate and law degrees from Florida State University.

"My American Dream came true, thanks to the generosity of Americans who wanted to help young people like my brother and me," said Martinez. "I feel personally that we all have a tremendous responsibility to help others and I am pleased to work with my Foundation colleagues who have done an outstanding job of representing the best that corporate philanthropy can be."

He worked as an attorney in Orlando for 25 years while serving in leadership roles on a Who's Who of youth, civic and business organizations. He was first elected to public office in 1998 as Mayor of Orange County, representing the greater Orlando area.

At President Bush's request, he became HUD Secretary in 2001 and was elected as the first Cuban-American to the U.S. Senate in 2004.

JPMorgan Chase has more than 15,000 employees working in Florida and serves consumers and businesses through more than 280 Chase bank branches and 1,200 ATMs across the state. The firm announced last week that it plans to add 37 more Chase bank branches in Florida this year - adding more than 400 jobs to better serve customers.

About JPMorgan Chase & Co.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.2 trillion and operations in more than 60 countries. The Firm is a leader in investment banking, financial services for consumers, small-business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

JPMorgan Chase & Co.
Media Contact:
Nancy L. Norris, office 502-566-3620
cell 502-777-6379
[email protected]

© Business Wire 2011
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on JPMORGAN CHASE
03/19JP MORGAN CHASE MPANY : Three New Orleans nonprofits to receive $700,000 from JP..
03/19JP MORGAN CHASE MPANY : Hamilton County Schools Unveils Future Ready Institutes
03/16Berkshire says median employee makes over half Buffett's pay
03/16WARREN BUFFETT : Berkshire says median employee makes over half Buffett's pay
03/16Oil rallies for weekly gain as S&P ends losing skid
03/16Oil rallies for weekly gain as S&P ends losing skid
03/16Oil rallies for weekly gain as S&P ends losing skid
03/16JP MORGAN CHASE MPANY : JPMorgan invests in fixed-income data startup
03/16United States Steel Corporation Announces Pricing of Senior Notes Offering
03/16JP MORGAN CHASE MPANY : Five things to know about Hamilton County Schools' Futur..
More news
News from SeekingAlpha
2017Market Failure - The Forgotten Source Of Crisis 
201745 $100+ Billion Companies In The S&P 500 
2017Tracking Glenn Greenberg's Brave Warrior Advisors Portfolio - Q2 2017 Update 
2017Picking Stocks Fantasy Football Style - Cramer's Mad Money (8/15/17) 
2017Foregone Conclusions Become Well-Known Facts 
Financials ($)
Sales 2018 109 B
EBIT 2018 45 517 M
Net income 2018 30 320 M
Debt 2018 -
Yield 2018 2,14%
P/E ratio 2018 13,06
P/E ratio 2019 11,92
Capi. / Sales 2018 3,68x
Capi. / Sales 2019 3,51x
Capitalization 401 B
Duration : Period :
JPMorgan Chase Technical Analysis Chart | 4-Traders
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 31
Average target price 120 $
Spread / Average Target 3,6%
EPS Revisions
James Dimon Chairman & Chief Executive Officer
Gordon A. Smith Co-President & Co-Chief Operating Officer
Daniel E. Pinto Co-President & Co-Chief Operating Officer
Marianne Lake Chief Financial Officer & Executive Vice President
Lori A. Beer Chief Information Officer
Sector and Competitors
1st jan.Capitalization (M$)
JPMORGAN CHASE5.05%400 545
BANK OF AMERICA8.98%329 539
WELLS FARGO-7.86%275 266