JPMorgan Chase Chief Executive Jamie Dimon has been diagnosed with a curable form of throat cancer, according to a memo to employees and shareholders on Tuesday. Dimon plans to remain actively involved in the business and will continue to run the largest U.S. bank.
Dimon, 58, said the cancer was caught at an early stage and is confined to the original site and the adjacent lymph nodes on the right side of his neck.
He will undergo radiation and chemotherapy treatment that is expected to last about eight weeks.
Dimon in the memo:
“I feel very good now and will let all of you know if my health situation changes. Importantly, there is no evidence of cancer elsewhere.”
The treatment, which is still being finalized, would curtail his travel during the period. He was expected to travel to Europe on Tuesday, where he was scheduled to meet with the prime ministers of Greece and Italy and also visit Spain, England and Germany. But those plans have been canceled.