Finance
JPMorgan Boosts Jamie Dimon’s Pay to $39 Million After Record Profit
- The longtime CEO got an 8.3% raise from a year earlier
- Dimon and his family plan to sell 1 million more shares
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JPMorgan Chase & Co. lifted Chief Executive Officer Jamie Dimon’s pay to $39 million for 2024, a year in which the biggest US bank beat its own record for the highest annual profit in the history of American banking.
The board granted Dimon a $1.5 million salary and $37.5 million of performance-based incentive compensation, according to a regulatory filing. His pay is up 8.3% from 2023, when he earned $36 million.