JPMorgan Chase & Co. CEO James Dimon's 2018 pay rises 6% to $30M
JPMorgan Chase & Co. reports 2018 executive compensation
By ExecPay News
Published: April 5, 2019
JPMorgan Chase & Co. reported fiscal year 2018 executive compensation information on April 5, 2019.
In 2018, five executives at JPMorgan Chase & Co. received on average a compensation package of $21M, a 7% increase compared to previous year.
James Dimon, Chief Executive Officer, received $30M in total, which increased by 6% compared to 2017. 77% of Dimon's compensation, or $23M, was in stock awards. Dimon also received $5M in bonus, $14K of change in pension value and nonqualified deferred compensation earnings, $1.5M in salary, as well as $520K in other compensation.
For fiscal year 2018, the median employee pay was $78,923 at JPMorgan Chase & Co.. Therefore, the ratio of James Dimon's pay to the median employee pay was 381 to one.
Daniel Pinto, Chief Executive Officer, received a compensation package of $21M, which increased by 11% compared to previous year. 60% of the compensation package, or $13M, was in stock awards.
Gordon Smith, Chief Executive Officer, earned $21M in 2018, a 7% increase compared to previous year.
Mary Callahan Erdoes, Chief Executive Officer, received $20M in 2018, which increases by 3% compared to 2017.
Marianne Lake, Chief Financial Officer, earned $14M in 2018, a 9% increase compared to previous year.