NEW YORK CITY (dpa-AFX) - JPMorgan Chase & Co. (JPM) disclosed in a regulatory filing that its independent members of the board of directors approved the total compensation for 2021 for the company's chief executive officer James Dimon, in the amount of $34.50 million, an increase of about 10% from last year's compensation of $31.50 million.
Dimon's total compensation included an annual base salary of $1.50 million and performance-based variable incentive compensation of $33 million. $5 million of the variable incentive compensation will be delivered in cash and the remaining $28.00 million will be delivered in the form of Performance Share Units. The amounts of base salary and cash incentive remain unchanged from last year.
Copyright(c) 2022 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX