JPMorgan Chase Announces New Responsibilities For Three Senior Executives

New York, June 22, 2010 - JPMorgan Chase & Co. (NYSE: JPM) today announced new responsibilities for three members of its senior leadership team:

• Heidi Miller, head of Treasury & Securities Services (TSS), has been named President of International.
• Michael Cavanagh, Chief Financial Officer, will succeed Ms. Miller as Chief Executive Officer of TSS.
• Doug Braunstein, head of Investment Banking, Americas, will succeed Mr. Cavanagh as Chief Financial Officer.

"Over the years at JPMorgan Chase we have worked hard to build a highly talented senior management team," said Jamie Dimon, Chairman and CEO. "In developing great leaders and building a strong company, we focus on continually broadening the experience of our executives and working to deploy their talents and expertise across the organization. Our firm has developed an excellent management bench, and today's moves reflect our goal of building on our team's experience and providing them with new opportunities to make our company even better."

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