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.
- 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.