Summary by Futu AI
JPMorgan Chase & Co. has announced the election of Brad D. Smith to its Board of Directors, with his term set to begin on January 21, 2025. Smith, currently the President of Marshall University, has a notable history as the CEO of Intuit from 2008 to 2018, where he transformed the company into a global cloud-based platform. His leadership has been characterized by innovation and a focus on data-driven decision-making. Smith also holds board positions at Amazon.com Inc., Humana Inc., and the Marshall Health Network, among others. He is recognized for his commitment to community development and education, having co-founded the Wing 2 Wing Foundation. JPMorgan's Chairman and CEO, Jamie Dimon, praised Smith's visionary leadership and his potential to contribute significantly to the company's growth and community initiatives. The announcement was made in a press release dated October 17, 2024, following the filing of a Form 8-K with the SEC.