JPMorgan CEO Jamie Dimon said on Tuesday that he has been diagnosed with throat cancer. In a letter to employees, he said that cancer is curable and that he received a good prognosis from doctors.
In the letter, which was published at Forbes, Dimon said that, after a series of tests, doctors found that “the cancer is confined to the original site and the adjacent lymph nodes on the right side of my neck.” He added that, “Importantly, there is no evidence of cancer elsewhere in my body.”
Dimon explained that his full schedule for treatment has not been finalized, but he will be going to Memorial Sloan Kettering Hospital for radiation and chemotherapy for eight weeks.
“While the treatment will curtail my travel during this period, I have been advised that I will be able to continue to be actively involved in our business, and we will continue to run the company as normal,” he wrote. “Our Board has been fully briefed and is totally supportive.”
He ended the note by thanking employees for their support and noting that he will offer updates when he can.
According to USA Today, the bank’s shares did fall in after-hours trading following the news.
Dimon was named the board chairman of the company in December 2006 and became the CEO and president the year before. He is the longest-tenured CEO of any of the U.S.’ major banks.