JPMorgan CEO Jamie Dimon got $4M raise as 2025 pay – Business News
JPMorgan Chase‘s longtime CEO Jamie Dimon’s 2025 pay bundle rose 10.3% to $43 million, it mentioned on Thursday, after the lender capped a sturdy yr by exceeding fourth-quarter estimates for revenue final week.
His compensation included a base wage of $1.5 million and $41.5 million in incentives.
Dimon obtained a compensation of $39 million in 2024, at par with Goldman Sachs CEO David Solomon. He was paid $36 million in 2023 and $34.5 million in 2021 and 2022 amid financial uncertainty, geopolitical tensions and the lingering results of the COVID-19 pandemic.
Jamie Dimon’s compensation included a base wage of $1.5 million and $41.5 million in incentives. Getty Images for America Business Forum
“The annual compensation for 2025 reflects Mr. Dimon’s stewardship of the Firm, with strong performance across our market-leading businesses and financial results, as well as a fortress balance sheet,” the bank’s board mentioned within the submitting.
Dimon, 69, has run JPMorgan since 2005 and his estimated web price is $2.8 billion, in keeping with Forbes. He is one of essentially the most outstanding executives in company America and his succession plans have long been the subject of hypothesis throughout Wall Street.
Dimon, nevertheless, mentioned he needs to remain at his job for no less than 5 more years, when requested about his plans at an occasion hosted by the US Chamber of Commerce final week.
JPMorgan’s stock has surged 34% in 2025, outperforming the broader equity markets.
