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JPMorgan CEO Jamie Dimon Receives $39 Million Pay Package for 2024

Dimon's compensation rose 8.3% following a year of record profitability and strong stock performance for the bank.

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Jamie Dimon, chairman and CEO of JPMorgan Chase, attends the ceremony for placement of the final beam for JPMorgan Chase's new global headquarters building at 270 Park Avenue in New York City, U.S., November 20, 2023.
Jamie Dimon, chief executive officer of JPMorgan Chase, was awarded $39m in 2024 compensation.

Overview

  • Jamie Dimon's 2024 compensation was increased to $39 million, up from $36 million in 2023 and $34.5 million in 2022.
  • The pay package includes a $1.5 million base salary and $37.5 million in performance-based incentives, with $32.5 million awarded as equity tied to performance metrics.
  • JPMorgan Chase reported record 2024 financial results, with net income rising 18% to $59 billion and its stock price climbing 57% over the past year.
  • Dimon, the longest-serving CEO of a major U.S. bank since 2006, has indicated he may step down within the next five years, though he could remain in an executive chairman role.
  • Goldman Sachs CEO David Solomon received an identical $39 million pay package for 2024, alongside an $80 million stock award for him and his deputy.