J.P. Morgan Chase & Co. (NYSE:JPM) has appointed a new chief for its global strategic relationship team.

J.P. Morgan Chase & Co. (NYSE:JPM) Gets New Head

J.P. Morgan Funds, a subsidiary of J.P. Morgan Chase & Co. (NYSE:JPM) has hired Pacific Investment Management Co executive Lee Beck as its new global strategic relationship team head.

In this role, he will be responsible for managing relationships with the U.S. wealth management firms among wirehouses, broker-dealers and insurance broker-dealers.

A J.P. Morgan Chase & Co. (NYSE:JPM) spokeswoman has confirmed the news but declined to comment on the matter.

JP Morgan Chase & Co. (NYSE:JPM) stocks were at 46.84 at the end of the last day’s trading. There’s been a 7.3% movement in the stock price over the past 3 months.

JP Morgan Chase & Co. (NYSE:JPM) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.4
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.42
Zack’s Rank: 2 out of 15 in the industry