Jamie Dimon, chief executive of JPMorgan Chase & Co. (NYSE:JPM), is getting a raise after a year in which the firm paid nearly $20 million in regulatory fines. According to reports in both the Wall Street Journal and New York Times, JPMorgan Chase & Co. (NYSE:JPM)’s board voted to increase Jamie Dimon’s pay package after a debate which at times was described as “heated.” Jamie Dimon’s pay cuts The JPMorgan Chase & Co. (NYSE:JPM) board had cut Jamie Dimon’s pay by half in 2013, to $11.5 million, resulting from a series of setbacks, most notably collateral damage from the “London Whale”…
Amid Fines, Jamie Dimon Gets Raise As Stock Rises 20 Percent In 2013
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.