Posts Tagged ‘JPMorganChase’
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Jamie Dimon, JPMorgan’s chief executive, has been awarded total pay of $20 million for 2013, a 74-percent increase over the amount he received for 2012, according to a regulatory filing released on Friday.
The bank’s board of directors approved the increase even though a steady stream of scandals and a raft of regulatory actions have in recent months cast doubt on Mr. Dimon’s leadership at the nation’s largest bank. The big raise for 2013 came in the face of opposition from a vocal minority of board members, who wanted Mr. Dimon’s compensation for 2013 to be roughly equal to his pay for 2012, which totaled $11.5 million. . .
Mr. Dimon’s 2013 pay was close to the $23.1 million he got for 2011, when he was the highest-paid chief executive at a large bank. Over the last five years, Mr. Dimon has been paid nearly $70 million.
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