Daily Archives: January 25, 2014

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JPMorgan Gives CEO Dimon 74% Raise to $20 Million in 2013

JPMorgan Gives CEO Dimon 74% Raise to $20 Million in 2013

JPMorgan Chase & Co. (JPM) gave Chief Executive Officer Jamie Dimon a 74 percent raise to $20 million last year, bringing his pay closer to where it stood before he was penalized for faulty oversight of botched derivatives bets.

The board’s compensation package for Dimon, 57, who also serves as chairman, included $18.5 million in restricted stock, the New York-based lender said today in a regulatory filing. His salary was unchanged at $1.5 million and he got no cash bonus, according to the filing.