EP 74: JPMorgan Chase’s Kristin Lemkau: Professional Ambition, Personal Loss & Feeling “Unstoppable”
How She Does ItShow Notes
Kristin Lemkau was thriving in her job as CMO of JPMorgan Chase, a job she thought would be her last, when CEO Jamie Dimon and his leadership team threw a new challenge her way. They wanted the company to become more competitive in the wealth management space, and offered Lemkau the job as CEO of J.P. Morgan Wealth Management. Despite some significant hurdles that would come with building the business, Lemkau took on the role in late 2019.
A few years into this professional challenge, she experienced a tectonic shift in her personal life. Lemkau’s husband, who had stayed at home with their two children, passed away. Overnight, she became a single mom. She found herself trying to figure out all the details of the family’s day-to-day life that he had handled, from multiple school apps, household bills, her kids’ sports schedule, and more.
After taking some time off, her two teenagers encouraged her to return to work, where she thrived. Under her leadership. J.P. Morgan Wealth Management has grown from $500 billion to $1.3 trillion dollars in assets, an accomplishment she confidently takes credit for.
”What I've done over the past six years was really, really hard.I genuinely believe a lot of people couldn't have done it. We had a lot of headwinds, but we did it,” Lemkau said.
💬 In this episode, we explore:
Why Kristin Lemkau said “yes” to the CEO job, despite really “loving” her marketing job and the people she worked with
Lemkau’s approach to re-making and growing the wealth management business
How her personal loss has impacted the way she manages her team
Her secret for getting a full-night’s sleep, and why that’s been so critical for her well-being
Her thoughts on being the oldest of four very high-achieving siblings, and what about their upbringing may have helped them all to succeed
Some of the perks of working at JPMorgan, including being front and center for one of the wildest US Open Women’s Finals ever
Resources:
🔗 Visit J.P. Morgan Wealth Management
📸 Follow @JPMorgan Wealth Management on Instagram
📸 Follow @JPMorgan Wealth Management on LinkedIn
🎧 New episodes of How She Does It drop every Tuesday. Be sure to follow us so you never miss an episode Learn more about your ad choices. Visit megaphone.fm/adchoices
More from How She Does It
How She Does It is on a short hiatus, but Karen was kind enough to let us drop into your feed today. This show is part of the HerMoney Media Network — so if you like what you hear, come find us at The HerMoney Podcast.
What motivates some of today’s successful leaders? What person or event helped snap their futures into focus, creating a roadmap they followed with grit and resilience, determined to make it to the highest levels in business and beyond?
Imagine willingly opening up your life to as much A.I. as possible. Have a question? Ask A.I. first. Feeling blue? Talk to an A.I. therapist. Need a ride? Summon a Waymo. In journalist Joanna Stern’s New York Times bestseller “I Am Not a Robot: My Year Using AI to Do (Almost) Everything,” she did all of the above and more. She shares what's hopeful, what’s creepy, and how A.I. is already in your life, whether you like it or not.
In our first-ever pop-up podcast in front of a live audience, Karen Finerman sits down with Karen Firestone at the CNBC Pro Event: Wealth For Women at the Nasdaq MarketSite. Karen Firestone, who goes by Kari, began building her impressive career as an investor in the early ‘80s. There were far fewer women working in finance at that time, and things were far more challenging for women in that space than they are today. Still, Kari couldn’t have imagined taking a different path.
What does it take to create culture-defining entertainment that not only attracts loyal viewers but wins accolades as well? We’ve asked Sarah Aubrey, Head of Original Programming for HBO Max. The streaming service behind shows like “The Pitt,” “Hacks,” “And Just Like That,” and the forthcoming “Harry Potter” series is once again evolving what audiences expect from premium television: high-quality entertainment delivered on a consistent basis.