Mark Valentino, head of Business Banking at Citizens, outlines why so many small business owners delay succession planning. Drawing on nearly two decades of advising entrepreneurs through growth, exit and everything in between, he breaks down how such hesitation can upend legacies, families and financial futures alike.
Jamie Dimon confirmed his plan to step down as JPMorgan CEO within five years during the bank’s investor day, saying succession planning is well underway and the firm has built a strong pipeline of leadership talent.