Sunday, April 10, 2011
Clare Baldwin and Jonathan Stempel, Reuters
Submitted by: Kevin J. Ziruolo
Clare Baldwin and Jonathan Stempel, Reuters
Submitted by: Kevin J. Ziruolo
CEO of JP Morgan Jamie Dimon Gets 1,500% Raise
According to a U.S. Securities and Exchange Commission's compensation formula, a recent regulatory filing showed, Jamie Dimon's total package in 2010 is $20.8 million, from $1.3 million in 2009. A 1,500% increase over the course of one year.
[Reuters] Dimon faired even better in terms of the value of money and shares he actually received: his salary, bonus and stock and options from grants made largely in previous years that he exercised in 2010 were worth around $42 million.
According to the U.S. Census Bureau, the real median U.S. household income was just $49,777 in 2009.
Read Full Reuters Article
Posted by Editor on 04/10/11 at 07:06 AM •
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