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.
Warren Buffett, Jamie Dimon, and 11 other US corporate titans want common sense to replace America's worst business practices. Some of the biggest names in American business want companies to change their behavior. Warren Buffett, Jamie Dimon, and more signed on to a list of suggested changes for companies to adopt, titled Commonsense Corporate Governance Principles.. The group said that companies need to change the way they are managing their boards of directors, reporting earnings, and interacting with major investors.