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JPMorgan CEO James Dimon receives 39 million dollar pay boost for 2024
JPMorgan Chase has increased CEO James Dimon's compensation to $39 million for 2024, which includes a base salary of $1.5 million and a performance-based incentive of $37.5 million. Dimon, who has led the bank for nearly two decades, plans to retire within the next five years, with the board already considering potential successors.
jpmorgan ceo dimon receives 8.3 percent pay increase to 39 million
JPMorgan Chase has increased CEO James Dimon's pay by 8.3% to $39 million for 2024, up from $36 million in 2023. His compensation includes a $1.5 million base salary and $37.5 million in performance-based incentives, with a significant portion tied to performance metrics. Dimon and his family plan to sell about 1 million shares for diversification and tax planning, while still holding approximately 7.5 million shares in the company.