Updated
Updated · Bloomberg · Jun 18
JPMorgan's Vince La Padula Leaves After 23 Years to Take Senior IRS Role
Updated
Updated · Bloomberg · Jun 18

JPMorgan's Vince La Padula Leaves After 23 Years to Take Senior IRS Role

2 articles · Updated · Bloomberg · Jun 18

Summary

  • Vince La Padula will leave JPMorgan after more than 23 years to take a senior role at the Internal Revenue Service, according to an internal memo confirmed Thursday.
  • La Padula most recently led JPMorgan's workplace solutions business, making his departure a leadership change in one of the bank's key business lines.
  • Ben Walter, who previously oversaw Chase for Business in JPMorgan's consumer and community banking arm, will succeed him as head of workplace solutions.

Insights

With a small business champion now leading workplace solutions, will JPMorgan pivot its strategy to target pre-IPO companies?
As a JPMorgan veteran joins the IRS, are tougher regulations on executive pay and corporate benefits on the horizon?
While the SEC simplifies rules for public companies, is the IRS preparing a new wave of complex tax enforcement?