James Dimon
About
James Dimon is 68 years old as of December 31, 2024, and is widely recognized for his significant contributions to the financial services industry.
He began his journey at JPMorgan Chase in 2004 through a pivotal merger with Bank One Corporation, where he had served as Chairman and Chief Executive Officer. His early roles emphasized leadership and operational excellence, which paved the way for his rapid advancement within the firm.
Throughout his career at JPM, he has held multiple senior positions including Director, Chief Operating Officer, President, Chief Executive Officer, and Chairman. His strategic vision and deep operational expertise have been instrumental in driving the growth and global presence of the firm, establishing him as a leading figure in the industry.
Fixed Compensation
| Component Name | Amount | Payment Schedule | Additional Details |
|---|---|---|---|
| Annual Base Salary | $1,500,000 | Annually | Only fixed compensation component for 2024 |
Performance Compensation
Cash Component
| Metric | Detail |
|---|---|
| Amount | $5,000,000 |
| Payment Delivery | Cash |
| Performance Conditions | No specific performance targets specified |
Performance Share Units (PSUs) Component
| Metric | Detail |
|---|---|
| Amount | $32,500,000 in PSUs |
| Performance Metric | Return on Tangible Common Equity (ROTCE) |
| Performance Goals | Absolute and relative performance goals (exact thresholds not disclosed) |
| Vesting Schedule | Vest on March 25, 2026 with a two-year holding period post vesting |
| Grant Date | January 16, 2024 |
| Grant Date Fair Value | $32,500,000 total (aggregate PSU value) |
| Grant Date Stock Price | Not provided |
| Additional Details | Represents 87% of variable incentive compensation; includes clawback and recovery provisions |