Oh look at here… Lord Jamie is having his usual tantrum….
Jamie Dimon doesn’t want to hear your thoughts about running his bank.
The JPMorgan CEO railed against some of the bank’s “lazy” shareholders on Wednesday, flogging them for voting to split his CEO and chairman roles and for getting uncomfortably close to voting to reject his $20 million pay package.
On May 19, 38 percent of the bank’s shareholders voted to reject Dimon’s total compensation after two proxy voting companies, ISS and Glass Lewis, said that it didn’t align his incentives with the bank’s long-term goals.
During an industry conference, the 59-year-old CEO chided those investors who dared rebuke him.
“God knows how any of you can place your vote based on ISS and Glass Lewis,” he said in response to a question about splitting his dual roles. “If you do that, you are just irresponsible, I’m sorry, and you probably aren’t a good investor, either. And you do — some of you here do it, because you’re lazy.”