JPMorgan Chase & Co. (JPM) & Jamie Dimon: Your Vote May Have A Bigger Effect Than You Think

BlackRock, Inc. (NYSE:BLK) and two other equity funds, Vanguard and Fidelity, voted in support of Dimon last year, but they haven’t yet made their current positions clear. BlackRock, Inc. (NYSE:BLK), for its part, will rely on outside contractor Governance for Owners to take care of the proxy vote issue on its behalf.

Now that Dimon has made his thoughts on the matter more clear, investors might consider the question of whether the colorful CEO is an integral part of the megabank’s overall success. If so, voting in favor of the proposal may very well cause Dimon’s departure, which might cause more problems at the bank than keeping the status quo intact. With only a little more than a week before the shareholders’ meeting, investors have a lot of thinking to do.

The article Would Jamie Dimon Really Leave JPMorgan Over This Proxy Feud? originally appeared on Fool.com.

Fool contributor Amanda Alix has no position in any stocks mentioned. The Motley Fool recommends BlackRock, Inc. (NYSE:BLK) and Wells Fargo & Co (NYSE:WFC). The Motley Fool owns shares of Citigroup Inc (NYSE:C), JPMorgan Chase & Co. (NYSE:JPM), and Wells Fargo & Co (NYSE:WFC).

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