JPMorgan Chase is paying Chief Executive Jamie Dimon $34.5 million for a record-breaking 2021, $3 million more than he made in the previous two years
earlier in 2021 outside of the annual pay to entice him into staying at the bank for at least five more years. Mr. Dimon, 65 years old, has been CEO since 2005 and has long batted away talk of leaving by promising to stay five more years.
Heading into 2022, Mr. Dimon has fresh changes among his top lieutenants and those who could be potential successors. Daniel Pinto, who runs the corporate and investment bank, is now the sole president and operating chiefof Gordon Smith. Marianne Lake and Jennifer Piepszak are now co-heads of the consumer bank.
Mr. Dimon’s base salary has been at $1.5 million since 2011. He also gets a cash bonus, this year for $5 million. The bulk of his pay is in restricted stock units that can’t be cashed in for several years and depend on performance.
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