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JPMorgan CEO Gets 1500% Raise

Plus, see what other CEOs made in 2010

By Polly Davis Doig,  Newser Staff

Posted Apr 9, 2011 8:19 AM CDT

(Newser) – Jamie Dimon had a pretty decent year: The JPMorgan CEO, who steered his bank through Wall Street's meltdown and saw it emerge as arguably the healthiest US bank, took home $20.8 million last year. That's up roughly 1500% over his $1.3 million compensation package the year before, notes Reuters.

The breakdown: $1 million salary, $5 million bonus, almost $8 million in stock awards, $6.2 million in option awards, and about $600,000 in perks. Click through the gallery to see what other bank CEOs pulled down in 2010, or click to see what some nuns are doing about Lloyd Blankfein's huge salary increase.

In this Jan. 13, 2009 file photo, Jamie Dimon, CEO of JPMorgan Chase, who scored a 1500% raise last year.
In this Jan. 13, 2009 file photo, Jamie Dimon, CEO of JPMorgan Chase, who scored a 1500% raise last year.   (AP Photo/Paul Sakuma, file)
Goldman Sachs CEO Lloyd Blankfein made $14.1 million last year, up from $1 million the year before.
Goldman Sachs CEO Lloyd Blankfein made $14.1 million last year, up from $1 million the year before.   (Getty Images)
Goldman Sachs CEO Lloyd Blankfein made $14.1 million last year, up from $1 million the year before.
Goldman Sachs CEO Lloyd Blankfein made $14.1 million last year, up from $1 million the year before.   (AP Photo/Susan Walsh)
Vikram Pandit, Citi CEO, made $1.75 million last year, considerably better than the $1 (one dollar) he made the year before.
Vikram Pandit, Citi CEO, made $1.75 million last year, considerably better than the $1 (one dollar) he made the year before.   (Photo: Business Wire)
Brian Moynihan, CEO of Bank of America, saw his 2010 compensation drop 70% to $1.9 million. He did, however, get a $9.1 million bonus early this year.
Brian Moynihan, CEO of Bank of America, saw his 2010 compensation drop 70% to $1.9 million. He did, however, get a $9.1 million bonus early this year.   (Getty Images)
Wells Fargo CEO John Stumpf lost a little money, as well: His 2010 compensation dropped to $19 million from $21.3 million the year before.
Wells Fargo CEO John Stumpf lost a little money, as well: His 2010 compensation dropped to $19 million from $21.3 million the year before.   (AP Photo/Haraz N. Ghanbari, file)
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COMMENTS
Showing 3 of 53 comments
yoeydude
Apr 10, 2011 11:34 PM CDT
ok , sounds like we are all in agreement ,... someone get the pitchforks an torches , we march on the castle at sundown ....
Mersault
Apr 10, 2011 11:55 AM CDT
This is a well-deserved reward for cheating the American public, fixing influence in government to obtain even more of Americans' money for free, and getting away with it all. Priceless. Dreams do come true in the Land of Opportunity.
AuDiophile
Apr 10, 2011 10:40 AM CDT
Damn I bank with Chase, maybe I should switch banks, but I don't know to who, I like Chases overdraft policy on their checking accounts, since I was with U.S. and got raped by them. And I get text phone alerts though I'm sure more banks have that now. I'm open to suggestions though.
Money • US

 
executive compensation • bonuses • JPMorgan Chase • Jamie Dimon • Wall Street bonuses • CEO compensation

 
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