JPMorgan Raises CEO's Pay To $31.5M After Record 2019 Profit

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The Chief Executive Officer of JPMorgan Chase & Co. (NYSE: JPM), Jamie Dimon is getting a 1.6% raise to $31.5, following the bank’s record earnings in 2019, according to Bloomberg.

What Happened

Dimon's package includes $25 million in stock compensation, $1.5 million in salary, and a $5 million cash bonus, according to the bank’s regulatory filing.

In 2019, JPMorgan posted a record profit for the second year in a row, thanks mainly to corporate tax cuts, …

Full story available on Benzinga.com

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