Business
JPMorgan keeps Dimon’s pay at $40.6 million – The Australian Financial Review
After a strong performance in a tough year, it’s steady as she goes for the highest paid US banking executive.
JPMorgan Chase & Co kept chief executive Jamie Dimon’s total compensation unchanged at $US31.5 million ($40.6 million) for his work in 2020, a year in which a global pandemic roiled the economy and caused banks to set aside billions of dollars to cover future bad loans.
Under Dimon’s leadership, JP Morgan made more money in the last quarter of 2020 than ever before. AP
The pay package includes $US25 million of restricted stock tied to performance, an annual base salary of $US1.5 million and a $US5…
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