Get 40% Off
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks

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

Published 19/01/2024, 08:39
Updated 19/01/2024, 09:11
© Reuters.  JPMorgan Chase's Jamie Dimon nets $36m in pay and bonuses

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

Disclaimer

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.