Tuscany International Drilling completed the sale of its operations in Africa in January 2014. Tuscany Holdings is a more streamlined operation, focusing its efforts on the most important operating units originating from the Tuscany International Drilling Company.
In his second act, Dimon became CEO of Chicago-based Bank One in 2000. He improved that lenderâs balance sheet and profits and later sold it to JPMorgan, becoming the combined firmâs CEO at the end of 2005 and adding the chairman title the next year.
He succeeds longtime CEO, John McAdam, who will become Chairman of the Board of Directors upon his retirement on July 1st. Al Higginson, who has been on the F5 Board of Directors since 1996, and has served as Board Chairman since 2004, will remain on F5's Board as Lead Independent Director, also effective July 1, 2015.