By David Francis, Paul McLeary
FOREIGN POLICY - August 20, 2015
Less than a week after retiring as the 38th Chief of Staff of the Army, Gen. Ray Odierno has landed a job as senior advisor at JPMorgan Chase & Co., one of the largest banks in the United States. Odierno, 60, will advise the board and Chief Executive Jamie Dimon, focusing on country risk analysis and security. He will also represent JPMorgan Chase — which had $1.7 trillion assets under management at the end of 2014 — with policymakers, government officials, and clients. During his tenure as chief of the Army, Odierno, who graduated from West Point in 1976, navigated the drawdown of his force from a wartime high of 570,000 soldiers to the current 490,000. He also pushed for his soldiers to become more active in training and advising missions in Asia, as well as stepped up training and advising missions in Africa and the Middle East. He was forced to scuttle several high-profile Army acquisition programs that didn’t fit in the tightening of post-war budgets, including a new infantry carrier and an armed scout helicopter — both programs that the service had long insisted were top priorities.
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