JPMorgan Chase & Co. awarded Chief Executive Officer Jamie Dimon $31 million in total compensation for his work in 2018, a 5.1 percent bump after his bank posted record profit.
Dimon’s pay package included $24.5 million of restricted stock tied to performance, an annual base salary of $1.5 million and a $5 million cash bonus, the New York-based bank said Jan. 17 in a regulatory filing.
JPMorgan notched the highest profit in U.S. banking history in 2018 with $32.5 billion, spurred by corporate tax cuts, rising interest rates and growth in the firm’s credit-card business. Dimon’s also overseeing the ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.