JPMorgan CEO Jamie Dimon Reportedly in Line for Knighthood
With JPMorgan CEO Jamie Dimon announcing plans to step down from his role within the next five years, speculation is mounting about his future endeavors.
Dimon’s next move could involve becoming chairman of the board at JPMorgan or even a speculated career in politics. He might also gain the title “Sir,” as U.K. Prime Minister Rishi Sunak has reportedly nominated him for a knighthood. The U.K. honors system, dating back to the 12th century, includes three types of awards: orders, decorations, and medals. A knighthood, the highest rank under the Most Excellent Order of the British Empire, would allow the 68-year-old Dimon to add “Sir” to his name.
Dimon isn’t the only American potentially receiving a U.K. honor. Former Google CEO Eric Schmidt, reportedly on Sunak’s nomination list, might also be recognized. Schmidt, who led Google from 2001 to 2011 and served on the board of Alphabet until 2019, is a billionaire worth $25 billion according to Forbes.
Both Dimon and Schmidt, as U.S. citizens, have their nominations routed through the Foreign, Commonwealth and Development Office (FDOC). This process, reportedly starting in mid-May, aligns with honors such as New Year’s honors, the sovereign’s birthday honors, and resignation honors from departing prime ministers.
The FDOC, the cabinet office, the Conservative Party, and the U.K. honors system did not immediately respond to requests for comment, and JPMorgan declined to comment. Within British politics, opinions on the nomination are divided, with some sources confirming Dimon as a strong candidate for a knighthood while others deny any such process has begun.
