News
News
11/26/2002
03:49 PM
Connect Directly
RSS
E-Mail
50%
50%

Denis O'Leary Leaving J.P. Morgan Chase

The hard-charging, merger-hardened tech exec is leaving the financial powerhouse at the end of January.

Denis O'Leary, the hard-charging technology executive who helped integrate the IT systems of Chemical Bank and Chase Manhattan when the two financial institutions merged in 1996 and then later helped with the merger of Chase and J.P. Morgan, is leaving the financial powerhouse at the end of January. "I've been here for 25 years," O'Leary says. "I want to realize personal goals outside the firm."

O'Leary, 46, started his career as a corporate lending officer with Manufacturers Hanover in 1978. He led the technology integration of Manufacturers and Chemical when they merged in 1991 and was made CIO of Chemical in 1993. O'Leary headed up Chase's online effort, Chase.com, then was executive manager of LabMorgan, the bank's Internet incubator. His most recent role was executive VP in charge of consumer payments and an adviser to vice chairman Don Layton.

O'Leary says he doesn't have another position lined up--"I'm going to see what's out there"--and the departure is on good terms. "It was done in way that everyone is smiling at one another." An internal memo from Layton announcing O'Leary's departure says O'Leary approached him and chairman Bill Harrison several months ago with his desire to leave. O'Leary says he's looking for a new challenge. "There were strong people in place in jobs that had interest to me," O'Leary says. "I didn't want to wait for the world to change. I'd rather be in control of my destiny."

Comment  | 
Print  | 
More Insights
IT's Reputation: What the Data Says
IT's Reputation: What the Data Says
InformationWeek's IT Perception Survey seeks to quantify how IT thinks it's doing versus how the business really views IT's performance in delivering services - and, more important, powering innovation. Our results suggest IT leaders should worry less about whether they're getting enough resources and more about the relationships they have with business unit peers.
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Must Reads Oct. 21, 2014
InformationWeek's new Must Reads is a compendium of our best recent coverage of digital strategy. Learn why you should learn to embrace DevOps, how to avoid roadblocks for digital projects, what the five steps to API management are, and more.
Video
Slideshows
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
A roundup of the top stories and community news at InformationWeek.com.
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.