JPMorgan Lifts Dimon’s Pay to $39 Million Amid Record Profit (1)

JPMorgan Chase & Co. lifted Chief Executive Officer Jamie Dimon’s pay to $39 million for 2024, a year in which the biggest US bank beat its own record for the highest annual profit in the history of American banking.

The board granted Dimon a $1.5 million salary and $37.5 million of performance-based incentive compensation, according to a regulatory filing. His pay is up 8.3% from 2023, when he earned $36 million.

Jamie Dimon

Photographer: Manuel Orbegozo/Bloomberg

“During the year, under Mr. Dimon’s stewardship, the firm continued to serve clients and customers against a dynamic global macro backdrop characterized by ongoing geopolitical ...