Boeing vs JPMorgan Chase: Founders, CEOs and History

Company facts

Founders

CEOs and their tenures

Timeline: Boeing and JPMorgan Chase side by side

1. 1799JPMorgan Chase

   Manhattan Company Chartered

   Aaron Burr and Alexander Hamilton led the effort to obtain a New York charter for the Manhattan Company.

2. 1871JPMorgan Chase

   Drexel, Morgan & Co. Formed

   J. Pierpont Morgan and Anthony Drexel formed Drexel, Morgan & Co. in New York. The partnership developed into J.P. Morgan & Co., creating the Morgan banking lineage that would remain separate from Chase until the companies combined in 2000.

3. 1907JPMorgan Chase

   Panic of 1907

   During the Panic of 1907, J. Pierpont Morgan organized bankers and other private participants to support strained financial institutions. The episode became a defining part of the Morgan firm's history in an era before the Federal Reserve existed.

4. 1916Boeing

   Pacific Aero Products Company Incorporated

   William Boeing incorporates Pacific Aero Products Co. on July 15, 1916 in Seattle, a month after the B&W seaplane he built with George Conrad Westervelt first flew from Lake Union on June 15.

5. 1917Boeing

   Renamed The Boeing Airplane Company; First Military Contract

   The company is renamed The Boeing Airplane Company in April 1917 following co-founder George Westervelt's return to active Navy duty, and secures its first meaningful military contract when the U.S. Navy orders the improved Model C floatplane.

6. 1927Boeing

   Boeing Air Transport Wins San Francisco-Chicago Airmail Route

   Boeing forms Boeing Air Transport and wins the U.S. Post Office airmail contract for the San Francisco to Chicago route, the most commercially valuable domestic airmail route, initiating Boeing's involvement in commercial aviation beyond manufacturing.

7. 1933Boeing

   Boeing 247 Introduced as the First Modern Airliner

   Boeing introduces the Model 247, widely recognized as the world's first modern commercial airliner, featuring all-metal construction, retractable landing gear, a cantilevered wing, and variable-pitch propellers.

8. 1954Boeing

   Dash 80 Jet Prototype First Flies

   The 367-80, or Dash 80, first flies on July 15, 1954, the company's 38th anniversary. Funded with about $16 million of Boeing's own money, it leads to the KC-135 tanker for the Air Force and the 707 airliner, which enters service with Pan Am in 1958.

9. 1955JPMorgan Chase

   Chase Manhattan Created

   The Bank of the Manhattan Company merged with Chase National Bank to form Chase Manhattan Bank. This combination joined the firm's oldest 1799 predecessor with the Chase name and created the institution that later merged with J.P. Morgan.

10. 1969Boeing

    Boeing 747 Jumbo Jet Makes First Flight

    The 747, the first wide-body jetliner, first flies on February 9, 1969 and enters service with Pan Am in January 1970.

11. 1994Boeing

    Boeing 777 First Flight

    The Boeing 777, the world's largest twin-engine commercial aircraft and the first airliner designed entirely using computer-aided design tools without physical mock-ups, makes its inaugural flight on June 12, 1994.

12. 1997Boeing

    Boeing Merges with McDonnell Douglas

    Boeing completes its $13.3 billion acquisition of McDonnell Douglas, creating a single dominant American aerospace and defense company and ending more than two decades of three-way commercial aircraft competition.

13. 2000JPMorgan Chase

    Chase and J.P. Morgan Merge

    Chase Manhattan and J.P. Morgan & Co. completed their merger, combining commercial and consumer banking with investment banking and institutional services. JPMorgan Chase identifies this transaction as the formation of the modern company.

14. 2004JPMorgan Chase

    Bank One Merger

    JPMorgan Chase completed its $58.546 billion stock-for-stock merger with Bank One on July 1.

15. 2006JPMorgan Chase

    Jamie Dimon Becomes CEO

    Jamie Dimon succeeded William B. Harrison Jr. as chief executive on January 1. Dimon had joined JPMorgan Chase as president and chief operating officer when the Bank One merger closed and became chairman one year after becoming CEO.

16. 2008JPMorgan Chase

    Bear Stearns Acquired

    JPMorgan Chase completed its acquisition of Bear Stearns during the financial crisis.

17. 2008JPMorgan Chase

    Washington Mutual Operations Acquired

    After Washington Mutual Bank entered FDIC receivership, JPMorgan Chase paid $1.9 billion to acquire its banking operations, including assets, deposits, and qualified financial contracts under the transaction terms.

18. 2009Boeing

    Boeing 787 Dreamliner First Flight

    The Boeing 787 Dreamliner, the first commercial aircraft built primarily from carbon-fiber composite materials, makes its first flight on December 15, 2009 more than two years behind its original 2007 schedule following extensive supply chain difficulties with…

19. 2019Boeing

    737 MAX Grounded Worldwide Following Two Fatal Crashes

    After the Lion Air Flight 610 crash in October 2018 and the Ethiopian Airlines Flight 302 crash in March 2019, which killed 346 people, regulators ground the 737 MAX worldwide.

20. 2022Boeing

    Boeing Relocates Corporate Headquarters to Arlington, Virginia

    Boeing formally moves its corporate headquarters from Chicago, Illinois, to Arlington, Virginia, placing its senior executive team adjacent to the Pentagon and within close proximity to Congress and the regulatory agencies that govern both its defense and comm…

21. 2023JPMorgan Chase

    First Republic Acquired from FDIC

    JPMorgan Chase acquired the substantial majority of First Republic Bank's assets and assumed deposits and certain liabilities from the FDIC.

22. 2024Boeing

    Door-Plug Blowout, Machinists Strike, and Leadership Transition

    Alaska Airlines Flight 1282 experiences a door-plug blowout at 16,000 feet on January 5, triggering a FAA production cap on 737 MAX and a congressional investigation into Boeing's quality management.

23. 2025Boeing

    F-47 Win, Strike in St. Louis, Spirit Buyback and a Return to Profit

    The Air Force selects Boeing's F-47 as its sixth-generation fighter in March. Boeing sells Jeppesen and other digital units to Thoma Bravo for $10.55 billion, the FAA raises the 737 cap to 42 a month in October, a 102-day strike at St.

24. 2025JPMorgan Chase

    FY2025 Net Revenue of $182.447B

    JPMorgan Chase reported U.S. GAAP total net revenue of $182.447 billion and net income of $57.048 billion. Its managed, fully taxable-equivalent segment presentation reported $185.581 billion of total net revenue across CCB, CIB, AWM, and Corporate.

25. 2026Boeing

    737-7 Certified, F/A-XX Win and a 737-10 Setback

    Backlog reaches a record $715 billion at June 30. The FAA certifies the 737-7 on August 3, then on September 28 holds 737-10 certification over a flight-management software issue. On September 29 the Navy selects Boeing to build the F/A-XX fighter.

26. 2026JPMorgan Chase

    Chase to Become Apple Card Issuer

    On January 7, 2026 Apple and Chase announced that Chase will replace Goldman Sachs as Apple Card issuer over about 24 months.

27. 2026JPMorgan Chase

    Co-Presidents Named

    Doug Petno and Troy Rohrbaugh were named co-presidents in June 2026, and Marianne Lake announced her retirement.

Acquisitions

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