A 35-year banking veteran, Austin A. Adams spent the majority of his career overseeing technology and operations during a dramatic consolidation of the industry. He retired in 2006 as Executive Vice President and Corporate Chief Information Officer (CIO) at JP Morgan Chase (JPM). He was a member of the 13-person Operating Committee at JPM, and managed 28,000 employees and a US$7B budget.
Adams joined JPM upon its merger with Bank One in July 2004. Prior to the merger, he served as Executive Vice President and CIO of Bank One. Before joining Bank One, he was, for sixteen years, the CIO at First Union Corporation (now Wells Fargo Corporation).
During his career as a CIO, Adams led more than 100 mergers. He spearheaded a US$5B IT insourcing program at JPM — the largest insourcing ever undertaken within the financial services industry.
Adams was recognized as 2004 CIO of the Year by Waters magazine. In 2002, Business 2.0 magazine named him one of the 16 most influential technology people in the world.
Adams currently serves on the boards of directors of three public companies, Commscope, Dun & Bradstreet and Spectra Energy. He is Chairman of the Board of Community One Bank, and is a consultant to a number of financial services companies.
He earned a bachelor’s degree in Business Administration and a Master of Sciences from Appalachian State University (ASU). He received Appalachian State’s Distinguished Alumnus award and is a member of the ASU Athletic Hall of Fame