A Pay Raise That’s Out of This World

dimonPhoto: Steve Jurvetson

Weep not for JPMorgan Chase CEO Jamie Dimon. He received $27 million in 2015, an increase of 35-percent from the $20 million he received in both 2014 and 2013. Last week, he received another $1 million bonus in 2017. Let’s have a look:

Dimon’s base pay stayed unchanged at $1.5 million, and his cash bonus reportedly decreased to $5 million from $7.4 million a year earlier. But his stock bonus is key. It has more than doubled to $20.5 million from $11.1 million in 2014. Approximately 38-percent of shareholders objected to Dimon’s pay in a 2015 vote at the company’s annual meeting. I’m not casting aspersions. But I do wonder how these same people feel this week with his 4-percent raise to $28 million?

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