Former JPMorgan Chase & Co. chairman and chief executive Sir Dennis Weatherstone, who helped turn the Wall Street firm into a U.S financial giant, has died of cancer at 77.
British-born Mr. Weatherstone started with New York-based JPMorgan in 1946, at age 16, when he worked as a bookkeeper in the firm’s London office.
He stayed at JPMorgan for 48 years and served as chairman and chief executive from 1990 to 1994. Under his leadership the firm became the largest U.S. bank by market capitalization.
Queen Elizabeth II knighted Mr. Weatherstone for his work in the financial services industry in 1990, bestowing on him the designation of Knight Commander of the Order of the British Empire.
“Our firm has been built through the hard work, integrity and first-class business practices of Sir Dennis and others like him,” James Dimon, chairman and chief executive of JPMorgan Chase, said in a statement. “We honor him by continuing to uphold his proud legacy.”
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