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JPMorgan Hikes Jamie Dimon's Pay To $28 Million
[Photo: Sharktank.com]
JPMorgan directors paid CEO Jamie Dimon $28 million in total compensation for 2016 – a 3.7% increase from 2015. His package includes a base salary of $1.5 million plus cash and stock-related instruments tied to Dimon's performance.
"2016 demonstrated the strength and depth of our platform with record net income and EPS in an increasingly complex global environment," Dimon said in a statement.
"The US economy may be building momentum," he added. "Looking ahead there is opportunity for good, rational and thoughtful policy decisions to be implemented, which would spur growth, create jobs for Americans across the income spectrum and help communities, and we are well positioned to play our part."
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