In this week’s leadership news roundup, we’re tracking the latest developments in the world of corporate leadership. From the top executives of major banks to the CEOs of entertainment companies, we’ve got you covered. Here’s what you need to know:

Jamie Dimon’s Succession at JPMorgan Chase

After a decade of leading JPMorgan Chase, CEO Jamie Dimon has announced that he will be stepping down as CEO, but will remain chairman of the board. The news comes as a surprise, as Dimon has been a stalwart figure at the bank since the financial crisis. No official successor has been named, but current President Daniel Pinto is seen as a top contender for the role.

David Ellison Joins Paramount Pictures

David Ellison, the CEO of Skydance Media, has made a big move into the entertainment industry. The billionaire entrepreneur and producer will take over as CEO of Paramount Pictures, a deal that was reportedly worth over $1 billion. Ellison will be tasked with reviving the company’s struggling film and TV production business.

CEO’s Unique Salary: $1 in 2022

In a move that’s drawing attention, the CEO of a California-based biotech company, Alex Zhou, has announced that he will be taking a $1 salary in 2022. The move is part of a larger effort to reduce costs and prioritize giving back to the community. Zhou’s decision is a rare one, as most CEOs are paid millions of dollars per year.

Other Leadership News

Salesforce co-CEO Bret Taylor is taking over as CEO of the company, replacing Marc Benioff who will become chairman of the board.
Former Starbucks CEO Howard Schultz is launching a new venture capital firm focused on investing in climate change-focused startups.
Google Cloud CEO Thomas Kurian is stepping down, to be replaced by Diane Greene, a longtime executive at Google Cloud.

In summary, this week’s leadership news roundup has seen some major shake-ups in the corporate world. From Jamie Dimon’s departure from JPMorgan Chase to David Ellison’s new role at Paramount Pictures, and from CEOs taking unconventional salaries to new leadership appointments at major tech companies, there’s been no shortage of developments in the world of leadership.