J.P. Morgan Workplace Solutions announced that Ben Walter will join the business as its new CEO.
Walter joins J.P. Morgan Workplace Solutions from Chase for Business, where he led the organization serving entrepreneurs and small business owners across the United States. In that role, he focused on supporting clients with the financial tools, services, and guidance needed to operate and grow their businesses.
J.P. Morgan Workplace Solutions said Walter brings a strong track record of building client-focused businesses with discipline and rigor. The company also highlighted his belief in the role that equity ownership can play in helping people build long-term wealth.
In his new role, Walter will lead J.P. Morgan Workplace Solutions as the business continues expanding its platform, strengthening its capabilities, and serving clients and participants around the world. The appointment comes as workplace equity, compensation, and ownership solutions continue becoming more important for companies seeking to attract, retain, and reward employees.
Walter succeeds Vince La Padula, who is leaving J.P. Morgan after 23 years to take on a senior role at the U.S. Department of the Treasury.
La Padula led J.P. Morgan Workplace Solutions for nearly four years. During his tenure, the business expanded its product offering, broadened its capabilities, and built a global team following J.P. Morgan’s acquisition of Global Shares.
J.P. Morgan Workplace Solutions credited La Padula with helping position the business for continued growth and thanked him for his leadership. The company also wished him well as he returned to public service.
The leadership transition gives J.P. Morgan Workplace Solutions a new CEO with experience scaling client-centered financial services businesses, while building on the foundation established under La Padula’s leadership.
