Dimon on $20m - gets first cash bonus in years

Jamie Fonzie Dimon

JPMorgan Chase CEO and Chairman Jamie Dimon got his first cash bonus in three years as the board kept his total pay unchanged at $20 million.

Bloomberg News reports that Dimon, whose bonuses were limited to stock awards after the board faulted his handling of a trading debacle in 2012, got a $7.4 million cash reward for 2014 and a $1.5 million salary, according to Joe Evangelisti, a company spokesman.

Dimon’s compensation also includes $11.1 million in restricted shares, the New York-based lender said today in a regulatory filing.

The board left Dimon’s total pay unchanged as he weathered another tumultuous year, following the botched derivatives bets in 2012 and a litany of probes and lawsuits in 2013 that culminated in more than $23 billion in settlements.

Hit the link below to access the complete Bloomberg article:

Dimon Gets First Cash Bonus in Years as Pay Holds at $20 Million

Gross Put More Than $700 Million in Unconstrained Fund

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