JPMorgan Chase CEO Jamie Dimon gained a 5 percent increase in 2018 and received a $ 31 million compensation package thanks to the company's "strong performance."
The CEO received an annual base salary of $ 1.5 million and a "performance-based variable incentive compensation" of $ 29.5 million, according to a Thursday Securities and Exchange Commission filing. Dimon will receive $ 5 million. In cash and $ 24.5 million. In the form of "performance share units."
"By defining Mr. Dimon & # 39; s compensation, independent board members took into account the firm's strong performance in 201
The news follows JPMorgan's fourth quarter earnings report, which missed Wall Street expectations of $ 1.98 a year. Share and a profit of DKK 7.07bn USD, despite gains from higher interest rates and a bump in its loan sector.
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JPMorgan's stock price has dropped approx. 9 percent over the past year.