The lion’s share of Dimon’s fat paycheck is tied to performance
JPMorgan CEO Jamie Dimon is among the millions of Americans who are seeing their paychecks rise.
The banking chief pulled in $31.5 million last year, according to a filing with the Securities and Exchange Commission released Thursday, a slight bump from the prior year’s pay of $30 million.
Dimon, who many regard as one of the world’s top banking leaders, earned the lion’s share of his paycheck — $30 million — because he met performance metrics, the board said noting the firm’s performance.
The stock has gained more than 33 percent during the past 12 months, beating the S&P 500’s gain of 26 percent.
Annual Base Salary: $1,500,000
Performance-based variable incentive compensation: $30,000,000
$5,000,000 of the variable incentive compensation will be delivered in cash
The amount of base salary and cash incentive remains unchanged from last year