JP Morgan has increased CEO Jamie Dimon’s pay to $36 million for 2023, following the bank’s impressive annual profit.
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This marks a 4% raise from the previous years. In both 2022 and 2021, Dimon received $34.5 million.
Dimon’s compensation package consists of a base salary of $1.5 million and a $34.5 million bonus, comprised of $5 million in cash and $29.5 million in JPMorgan stock.
The bank attributes the pay increase to