JPMorgan raises CEO Jamie Dimon’s pay to $31.5 million after notching its most profitable year in history

JPMorgan Chase raised CEO Jamie Dimon’s pay package to $31.5 million after the company’s most profitable year in history. The compensation package includes $25 million in stock units, $1.5 million in annual salary, and $5 million in cash. The board’s decision to raise Dimon’s compensation took into account the bank’s financial results, stakeholder focus, and…

JPMorgan raises CEO Jamie Dimon’s pay to $31.5 million after notching its most profitable year in history

JPMorgan Chase raised CEO Jamie Dimon’s pay package to $31.5 million after the company’s most profitable year in history.
The compensation package includes $25 million in stock units, $1.5 million in annual salary, and $5 million in cash.
The board’s decision to raise Dimon’s compensation took into account the bank’s financial results, stakeholder focus, and teamwork, among other factors, according to a Thursday release.
Watch JPMorgan trade live here.
JPMorgan Chase boosted its yearly compensation for CEO Jamie Dimon to $31.5 million after the bank’s second-straight year of record profitability.
The pay package includes a $1.5 million annual salary and $30 million worth of performance-based rewards, according to a regulatory filing made Thursday. Of the $30 million in “variable incentive compensation,” $5 million will be delivered in cash while the remainder is held in stock units
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