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JPMorgan Chase's Jamie Dimon nets $36m in pay and bonuses

Published 19/01/2024, 08:39
© Reuters.  JPMorgan Chase's Jamie Dimon nets $36m in pay and bonuses
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Proactive Investors - JPMorgan Chase & Co (NYSE:JPM)'s Jamie Dimon was paid $36 million last year, a 4% rise.

The compensation package included a $1.5 million base salary and a substantial bonus, primarily in stock, and was reward for another stellar year for the US bank, which booked a record profit of almost $50bn last year.

Alongside Dimon, other top executives at JPMorgan also saw salary increases. Daniel Pinto, the bank's president, received a 5% hike to $30 million, while Jennifer Piepszak and Marianne Lake, co-heads of consumer business, each earned $18.5 million, up nearly 6%.

Dimon, with a net worth of about $1.9 billion largely in JPMorgan stock, has long been one of the highest-paid CEOs in US banking.

Despite not selling any JPMorgan shares for nearly two decades, he announced plans last year to offload a portion, which could have netted over $140 million.

Read more on Proactive Investors UK

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