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IDemo

(16,926 posts) Thu Jan 21, 2016, 07:10 PM Jan 2016

JPMorgan CEO gets 35% pay raise to $27M amid cutbacks [View all]

Source: USA Today

NEW YORK --Even as Wall Street braces for more cuts to jobs and bonuses, JPMorgan Chase CEO Jamie Dimon was paid $27 million in 2015, up from $20 million the year before, the company said Thursday.

The pay raise comes after JPMorgan announced record annual profits last week, thanks to cost-cutting that helped to offset stagnating revenue growth.

JPMorgan's board paid Dimon a $1.5 million salary, a $5 million cash bonus and $20.5 million in performance-based stock grants, the company said in a regulatory filing.

Last year, Dimon was paid a $7.4 million cash bonus and $11.1 million in stock awards. His $1.5 million salary has remained unchanged.

Read more: http://www.usatoday.com/story/money/2016/01/21/jpmorgan-ceo-gets-pay-raise-35-27m/79132018/

29 replies

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JPMorgan CEO gets 35% pay raise to $27M amid cutbacks [View all] IDemo Jan 2016 OP

Argh....that fucking Jamie Dimon. SoapBox Jan 2016 #1

Allegedly a dem fwiw...asshats like this give our party a bad name wordpix Jan 2016 #19

Sh*t - how nice. 840high Jan 2016 #2

And he deserves every penny of it--to pay his back taxes and reparations Proserpina Jan 2016 #3

Let's hear Hillary and Bernie debate this! wordpix Jan 2016 #20

She daren't go there, and he's too old-school polite to call her what she is. Proserpina Jan 2016 #22

Sick just fucking sick. mountain grammy Jan 2016 #4

+ 1 Stuart G Jan 2016 #17

A $7.4 million BONUS. TrollBuster9090 Jan 2016 #5

Part of that is driven by the tax code. Igel Jan 2016 #18

I wonder if dimon wrote the code wordpix Jan 2016 #21

USA ! USA ! Deny and Shred Jan 2016 #6

This is DISGUSTING in and of itself Plucketeer Jan 2016 #7

Bill wags his finger at us (& I shudder at where that finger has been). Divernan Jan 2016 #8

Ooooh, that's gonna sting - way to go, Bill! hatrack Jan 2016 #15

Kicked and recommended. Uncle Joe Jan 2016 #9

Bernie lsewpershad Jan 2016 #10

Now I"m not disagreeing with the sentiments here but passiveporcupine Jan 2016 #11

Not me....... Capt.Rocky300 Jan 2016 #13

+1000 wordpix Jan 2016 #25

I should have used the term, "paid" ....... Capt.Rocky300 Jan 2016 #27

The Key Difference . . . DarthDem Jan 2016 #14

Jennifer Lawrence doesn't lay thousands of people off and then get paid a bonus hatrack Jan 2016 #16

Nobody ever accused Jamie Dimon of being "popular"! Proserpina Jan 2016 #23

Progressive taxation would cover all of them FiveGoodMen Jan 2016 #28

Yes! Peace Patriot Jan 2016 #29

And this hypocrite........................... turbinetree Jan 2016 #12

It's Bernie Sanders' fault Politicub Jan 2016 #24

Message auto-removed Name removed Jan 2016 #26