Board Committees


Principal Board Committees and Membership

Audit Committee   Crandall C. Bowles
William H. Gray, III
Laban P. Jackson, Jr. (Chairman)
Compensation & Management Development Committee   Stephen B. Burke  
David C. Novak
Lee R. Raymond (Chairman)
William C. Weldon
Corporate Governance & Nominating Committee   Stephen B. Burke
David C. Novak (Chairman)
Lee R. Raymond
William C. Weldon
Public Responsibility Committee   David M. Cote
James S. Crown
Ellen V. Futter
William H. Gray, III (Chairman)
Risk Policy Committee   David M. Cote
James S. Crown (Chairman)
Ellen V. Futter


Other Board Committees


In addition to the above committees, the Board has one Stock Committee and a Board-level Executive Committee.

The Stock Committee consists of James Dimon. Its authority includes the declaration of dividends, authorization of the issuance of stock within Board-approved limitations, administration of the dividend reinvestment plan and implementation of share repurchase plans in accordance with Board-approved capital plans.

The Board-level Executive Committee consists of James S. Crown, James Dimon, William H. Gray, III, Laban P. Jackson, Jr., David C. Novak and Lee R. Raymond. It may exercise all the powers of the Board that lawfully may be delegated. The Board-level Executive Committee was established with the expectation that it would not take material actions absent special circumstances.