JPMorgan Chase increased CEO Jamie Dimon's 2024 compensation to $39 million, an 8.3% raise from last year, after reporting record financial results with a net income of $59 billion. Dimon's salary consists of a $1.5 million base and $37.5 million in performance-based income, primarily in equity form. This announcement comes amidst speculation about Dimon's future at the bank, as he previously indicated his tenure may not extend much longer, despite having received a $50 million retention bonus to stay through 2026.
JPMorgan Chase announced a pay increase for CEO Jamie Dimon, raising his compensation for 2024 to $39 million following a record year of profitability.
Dimon's compensation package includes a base salary of $1.5 million and performance-based variable income of $37.5 million, with significant ties to company performance.
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