Jamie Dimon, 180 CEOs of Business Roundtable unveil new understanding of business purpose

Jamie Dimon, Chairman and CEO of JPMorgan Chase & Co. and Chairman of Business Roundtable, with support of 181 CEOs, released a new Statement on the Purpose of a Corporation, committing their organizations to work for the benefit of all stakeholders — customers, employees, suppliers and communities, as well as shareholders.

“Major employers are investing in their workers and communities because they know it is the only way to be successful over the long term,” said Jamie Dimon. “These modernized principles reflect the business community’s unwavering commitment to continue to push for an economy that serves all Americans.”

The statement also received signatures from Amazon CEO Jeff Bezos, Apple CEO Tim Cook, Bank of America’s Brian Moynihan, Boeing’s Dennis A. Muilenburg; 3M CEO Michael Roman, Abbott CEO Miles D. White, AT&T’s Randall Stephenson, Cisco’s Chuck White, CVS Health’s Larry Merlo, Ford CEO James P. Hackett, GM’s Mary BarraJohnson & Johnson CEO & Chair Alex Gorsky, Mastercard CEO Ajay Banga, P&G’s David S. Taylor and more. The full list of signatories is available here.

See Sustainable Brand’s 180 CEOs Redefine Corporate Purpose to Promote ‘An Economy That Serves All.’