JPMorgan CEO Jamie Dimon’s 2023 pay hits record $36 million
From Fortune:
1. As the highest-earning CEO in Wall Street, Jamie Dimon’s 2023 annual compensation hit a record high of $36 million. This includes a $1.5 million base pay and $34.5 million in performance-based variable incentive compensation, making Dimon’s total compensation the highest on record.
2. Dimon and JPMorgan reached a major milestone in 2023 thanks to their record-breaking financial results. The institution reported net profits of $49.6bn last year, up 32% from 2022, despite challenging economic headwinds.
3. Amid geopolitical tensions and regional bank turmoil, JPMorgan’s stewardship under Dimon has maintained client and customer service while nurturing economic growth. Their strategic initiatives and long-term investment have been critical in navigating economic headwinds.
4. Jamie Dimon’s future at JPMorgan remains a topic of interest, with the CEO frequently signaling that he has no plans to leave any time soon despite moving toward the end of his agreement to stay until at least 2026. His intensity and passion for the company show no signs of waning after the group reported its most profitable year in 2023.
Read more: JPMorgan CEO Jamie Dimon’s 2023 pay hits record $36 million