JP Morgan CEO Dimon Needs to Draw Off of His Experience to Win over Bear’s Staff

(NewsVisual, powered by IntellectSpace) -- Although the news accounts suggests that JPMorgan Chase & Co (NYSE: JPM) CEO/President/Chairman James Dimon may have been slightly mauled by several angry employees of The Bear Stearns Companies Inc (NYSE: BSC) when he visited them in the latter’s own headquarters, he must nevertheless continue to move forward in order to effectively assimilate them into JPMorgan.

The report of the Dimon visit in The New York Times suggests this will be no easy task, not even for an executive who has as impressive a resume as Mr Dimon.

In fact, the Times implies that he still has some work to do to convince many of Bear’s unhappy executives that they should support JPMorgan’s acquisition of their firm:

“A few of the executives whom Mr. Dimon faced on Wednesday, all of whom own Bear shares, pledged to fight the deal in hopes of luring a better offer from a rival bank, a prospect that for now seems distant,” reports the Times article.

As monumental a challenge as placating Bear’s executives will be for Mr Dimon, however, he will not be able to make it his single focus, since as the head of JPMorgan he’s duty bound to consider other acquisitions, including possibly one with either National City Corp (NYSE: NCC), Washington Mutual (NYSE: WM), or  SunTrust Banks (NYSE: STI).

JPMorgan’s shareholders will certainly want to know whether he is equal to the challenge.

NewsVisual created an IntellectSpace Knowledge Map that shows Mr Dimon’s past corporate experience as a Senior Executive, his business connections to other companies, and his involvement with nonprofit organizations.

This leadership experience could be of paramount importance as Mr Dimon seeks to shepherd the restive employees of Bear Stearns into the JPMorgan fold.

To see the details of these connections, click here for an interactive and fuller version of this IntellectSpace Knowledge Map.

(Note: the information contained and presented in Knowledge Maps is public information from the Securities and Exchange Commission of the United States of America).