JPMorgan’s Jamie Dimon Had $31 Million Compensation Package
By: MarketWatch
January 17, 2019
JPMorgan Chase & Co. JPM, -0.28% Chief Executive James Dimon received a compensation package valued at $31 million in 2018, up 5% from $29.5 million in 2017, according to a Thursday securities filling.
The CEO earned a base salary of $1.5 million and $5 million in cash, the same as a year ago, and $24.5 million in restricted equity, according to a filling with the U.S. Securities and Exchange Commission. His pay exceeds his record compensation of $30 million in 2007 before the financial crisis.
Dimon, who has run the bank since late 2005, was the highest paid banking and finance chief executive in the S&P 500 in 2017. The median pay for the 43 banking and financial CEOs was $12.1 million, matching median pay for the S&P 500 as a whole, according to a Wall Street Journal analysis of pay data from MyLogIQ LLC.
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