DARIEN, Conn. -- JPMorgan Vice Chairman Jimmy Lee died unexpected on Wednesday while exercising at his home in Darien, the company said. He was 62.
“It is with deep sorrow and a heavy heart that I inform you that our beloved friend and colleague, Jimmy Lee, unexpectedly passed away this morning. Our prayers and thoughts are with his wife Beth, his three children, Lexi, Jamie and Izzy, and his entire family, whom he dearly loved," said Jamie Dimon, chairman and CEO of JPMorgran Chase & Co. in a statement on the company's website .
"Jimmy was a great friend, leader and mentor to me and so many others. As vice chairman of our company and former head of our Investment Bank, Jimmy made an indelible and invaluable contribution to our company, our people, our clients and our industry over his nearly 40 years of dedicated and selfless service. Jimmy was a master of his craft, but he was so much more – he was an incomparable force of nature.”
He oversaw major mergers and acquisitions deals, including the sale of General Electric assets as well as the General Motors and Alibaba IPOs, the two largest IPOs ever in the U.S., according to CNBC .
Lee was exercising at his home in Darien when he felt short of breath, according to CNBC.
He received a bachelor's from Williams College in 1975, where he double majored in economics and art history. Lee had a personal net worth of $185 million in 2010, according to Wikipedia.
Read the full story at the CNBC website here .
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