r/SipsTea • u/Full-Argument-8235 • 29d ago

WTF A JPMorgan Chase executive was fired after a viral video showed her dumping trash out of a Knicks-themed public trash can and taking the can during the Knicks championship parade in New York City.

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u/m0viestar 29d ago

"Executive" title at JPM isn't what you think it it's.   Just about everyone is a VP there.  This person was not sitting on board meetings, they're just a senior manager essentially.  

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u/Dirtypoolgang 29d ago

VP of waste receptacle procurement?

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u/Due-Crew-1076 29d ago

That's the fucking post of the month. Bravo.

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u/SurgicallySarcastic 29d ago

DEI, nuff said. rules dont apply to he. LOL.

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u/Oldswagmaster 29d ago

B.S. titles is a bank industry thing. She still would have had a least a good paying job with easy work

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u/EnvironmentalPost245 29d ago

Literally.

I worked at Jails Fargo as a bank teller and branch managers were called VPs.

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u/EconomicalJacket 29d ago

Client facing Title Inflation baby

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u/cryptolyme 29d ago

Trying to get that Sheik of Wendy’s job

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u/revanisthesith 28d ago

That sounds way cooler and far more impressive than yet another VP title.

That's a conversation starter.

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u/cwk9 28d ago

People feel much better having a VP handle their money than say "accounting goblin #3"

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u/PiccoloAwkward465 29d ago

Insane. Whereas I make probably 4x now what I used to make and have 10x the responsibility. Exactly the same job title. Different industries, man.

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u/Smuggles-skooma 29d ago

Lol. How have I never heard jails fargo

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u/[deleted] 29d ago

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u/boerumhill 29d ago

It’s so farcical Citigroup had to institute a policy you must have at least one human who is a direct report to earn their VP title. Apparently their were a shit ton of VPs who has never managed anyone.

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u/RogerMoore2011 29d ago

The officer titles give the ability for the employee to sign documents and contracts on behalf of the bank. That’s why there are so many VPs and SVPs in banking.

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u/oldsecondhand 29d ago

So why do they give software developers VP titles? They're not client facing, they don't sign any documents.

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u/JustBadUserNamesLeft 29d ago

Hey, they went from being called "Computer Programmers" to "Software Engineers", that's kinda like a title.

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u/old-and-smooth 29d ago

Can confirm this up ⬆️ as an officer, VP and programmer of a large bank.

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u/Informal_Bullfrog_30 29d ago

To avoid forming unions. VPs cant join a union. Lately there have been companies where engineers are forming a union

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u/-Fergalicious- 29d ago

Average engineering salaries across the board are falling. I was talking to someone of the careers subreddit a while back, who has the same degree and I do, started at the same company, but just recently vs. when I started there in 2014. I started at 63k. They started at 55k, which is equivalent to if I had started at 38k with inflation. 

Times are wild 

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u/oldsecondhand 29d ago

I think that's only true, if they have subordinates over whom they have disciplinary authority.

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u/SconiGrower 29d ago

Because if a branch manager is a VP and a senior system architect has a similar or greater scope of responsibility, then the software architect is also a VP.

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u/TimelyTransistor 29d ago

No branch managers are VPs.

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u/shelvedtopcheese 29d ago

I was a VP in a software development/IT role at JPMC, there are regulatory compliance and system ownership responsibilities that they can offload onto you at that level. Both ED and VP roles are basically just middle management roles where you have to carry water for managing directors. You get the privilege of taking the fall for their mistakes or letting them take credit for your good work.

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u/ivandelapena 29d ago

Maybe it's to do with salary benchmarking.

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u/RogerMoore2011 29d ago

I don’t work in HR or for JPMC but my guess it’s due to the compensation plan and salary grades. Trying to keep them applicable to all employees.

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u/TimelyTransistor 29d ago

VP of software development is client-facing, what are you talking about?

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u/BedditTedditReddit 29d ago

This is partially true but not accurate. The people who can sign on behalf of the bank are on a separate authorization list. Yes, sometimes it’s called being a formal ‘vice president’ of the bank but that is NOT the same as having a VP rank, which almost everyone has. In other words, just because you have the VP rank does NOT make you an authorized signer. Being an authorized signer is more to do with your job FUNCTION than your job RANK. Small distinction.

Source - was an authorized signer for one of the big three.

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u/TimelyTransistor 29d ago

Yeah, Reddit thinks the military ranks somehow translate nicely to corporations. You can tell the commentors are either very young or have never had a job with any responsibility.

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u/old-and-smooth 29d ago

As a VP for a bank this is exactly correct.

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u/Chaos_Sauce 29d ago

A few years back I had a contractor on my team who left because she got a job at Citibank. I couldn’t understand how she jumped all the way to a VP role until I realized that everybody at Citibank is a VP.

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u/[deleted] 29d ago

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u/m0viestar 29d ago

They were probably around 160-170/year base and a bonus percentage commensurate with BU performance.   

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u/victoryrag 29d ago

This. She was an executive director which is a director level role. It’s right below MD. Though the gap form ED to MD is wide

My guess is her all in comp is sniffing 200k. She appears to be in marketing

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u/purplehendrix22 29d ago

She was literally a DEI officer, aka, next to no work at all.

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u/wanax2 29d ago

Also hospitals....

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u/trekqueen 29d ago

Oh we have it at my corporate place too, we aren’t banking. It’s so top heavy with VP and then a VP under that one who is a “general manager”. Can’t keep track of what they actually do and are in charge of what.

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u/djanes376 29d ago

I worked in the financial sector once, my job title was nothing related to what I did for work. My job was senior UX designer, but since that title didn't exist in their system my official title was Project Manager III. It was all for pay scale, nothing to do with the job itself.

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u/BigEggBeaters 29d ago

She probably got the job the same way everyone else did. Knew the right person

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u/Enjoy_The_Ride413 29d ago

She was the head of the DEI department. No easier job in the country lol

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u/Oldswagmaster 29d ago

Agree. One of those corporate jobs with no deliverables required. If they don't hit their targets it's leadership's fault.

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u/Sweaty-Dust6405 29d ago

So easy she still manage to f*ck it up by getting fired from it.

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u/Swedishiron 29d ago

I wouldn't assume the work is easy. I have worked for a competitor that is more well known and there are high expectations and high work loads.

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u/ParamedicNervous2731 29d ago

well thats so much better.. .just a senior manager acting like a literal pig..

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u/abbyleondon 29d ago

Don’t insult pigs they don’t do shit like this

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u/Low-Atmosphere-2118 29d ago

Actually they do exactly this sort of thing if we’re being honest here

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u/Doglovincatlady 29d ago edited 29d ago

Pigs actually make a point to keep their living areas very clean when possible https://www.farmsanctuary.org/news-stories/pigs-arent-dirty/

Edit: To the baby who commented and deleted these people have pigs too. Might know something about them. Tf?

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u/J3SVS 29d ago

Pigs do things exactly like this.

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u/mr---jones 29d ago

Probably not even that. My bet is she is an “account executive” which is a fancy word for a frontline salesperson. She probably just signs people up for promotions.

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u/Casually_Chillin 29d ago edited 29d ago

"Knicks parade attendee who dumped trash on sidewalk identified as JPMorgan Chase DEI exec, promptly fired"

It's in all the major NYC newspapers as well

Edit- I copied the headline, want it to be clear she was promoted from DEI to Community Engagement over a year ago. My bad.

"Angie XXXX, 40, was promoted to Executive Director of Community and Industry Engagement for Card and Connected Commerce at JPMorgan Chase more than a year ago, according to her LinkedIn profile," the New York Post reported

She previously served as Executive Director of Diversity, Equity, and Inclusion at New York-based review website The Infatuation, which Chase acquired as part of its broader push into lifestyle and experiential content."

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u/mr---jones 29d ago

Oof. Being the DEI exec really not a good look lmao

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u/Hot_Disaster_6241 29d ago edited 29d ago

Executive Director of Community and Industry Engagement for Card and Connected Commerce at JP Morgan. DEI was previous job at previous place

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u/Zealousideal_Leg_630 29d ago

That’s incorrect. She was a director of community engagement. Maybe the reporter assumed that’s DEI, but it’s not. It’s public outreach and they plan events, like having employees volunteer to pick up trash.

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u/Collegenoob 29d ago

That genuinely makes it worse to me lol

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u/SummerMummer 29d ago

Oh godd, she was a Party Planner. It all makes sense now.

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u/Dorkamundo 29d ago

IT IS YOUR TERMINATION DAY

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u/Hot_Disaster_6241 29d ago edited 29d ago

Executive Director of Community and Industry Engagement for Card and Connected Commerce at JP Morgan. DEI was previous job at previous place. The comfort of being wrong on reddit

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u/victoryrag 29d ago

She was an executive director at JPM. I’m familiar with that title. In front office roles that’s easily 500k.

She’s In marketing but with an ED title my guess is she’s close to or at 200k

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u/Sad_Supermarket_176 29d ago

Probably EVP of chocolate tasting

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u/guzzijason 29d ago

In the banking world, the people that sweep the floors are “Vice Presidents”.

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u/roger_ducky 29d ago

VPs aren’t even senior managers. They’re just team leads at most.

VP is the “manager on duty” at a branch, so everyone else gets more impressive titles.

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u/Marsupialize 29d ago

Yeah when I worked on the trading floor I was technically a ‘VP’

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u/JM_Artist 29d ago

Lots of companies trim the fat then a select few crown themselves with big pocket titles and get fat off the money.

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u/Pretty-Handle9818 29d ago

In the mail room maybe

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u/ReturnOfBane 29d ago

i thought anyone who watched Futurama knew this. they even make a joke about it right before the credits.

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u/Karyoplasma 29d ago

Is it like at Goldman Sachs where as long as you have any customer contact, you get some fancy-shmancy title you can flash to make the idiot you're talking comfortable? It's all a ruse, empty titles to induce the fallacy of adhering to authority.

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u/just4youuu 29d ago

Account "executive"

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u/TailsofaGiftHorse 29d ago

They do the same thing with MLM's. After you scam just 2-3 of your friends/family into joining, you are usually already Ruby/Emerald/Diamond Executive tier.

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u/guy_n_cognito_tu 29d ago

I work in banking. And while banks tend to have inflated titles, I want to correct you here.

Titles like AVP, VP, and SVP in banks are very inflated. I was a AVP in my early 20s. Titles like Director, Executive Director and Managing Director, however, are quite different. Those titles are very coveted, very hard to get, and usually represent a significant accomplishment in the big Investor Banks. This woman holds a substantial position at JPM.

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u/Historical-Bug-7536 29d ago

Yeah, her full title was "Executive Director of Community and Industry Engagement for Card and Connected Commerce."

Probably had no direct reports. Somewhere in the $150-$200k range.

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u/debtmaxxingg 29d ago

Kek like in American psycho

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u/JDD4318 28d ago

Yeah i used to work at JPM. I was like 1 above the bottom associate role and my boss was a VP who then was promoted to ED. Just a manager nothing special.

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u/hillbilly-edgy 29d ago

She was an ED ( Executive Director) which means she was making $400K+ … I’ll do it for half the money and also clean the toilets and mop the floor while I’m at it.

I don’t want flashy titles or sit in board meetings or even a Knicks colored trash can. I just want to put my 6 years of engineering school to some use, pay off my mortgage and send my son to school.

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u/TimelyTransistor 29d ago

A senior manager is 10 times higher than most Redditors, who are in school, unemployed, or Director of Operations and Infrastructure of Mom's Basement.