Jeremy Barnum
About
Jeremy Barnum has played a pivotal role in JPMorgan Chase's financial leadership since he became Chief Financial Officer in May 2021. Prior to this role, he held senior positions at the firm, including serving as Head of Global Research for the Corporate & Investment Bank and as CFO and Chief of Staff for the Corporate & Investment Bank from July 2013 to February 2021.
In his current position, he has been responsible for overseeing the firm’s financial operations, managing its balance sheet, capital, and liquidity through challenging market conditions. His leadership also involved successfully executing the First Republic Bank transaction and engaging in regulatory advocacy efforts on issues such as the Basel 3 Endgame and Globally Systemic Important Bank proposals.
While detailed personal background and educational history are not available, his extensive experience and commitment to improving financial forecasting, reporting, and risk management at JPMorgan Chase have been emphasized in multiple engagements with investors, analysts, and regulators.
Past Roles
| Organization | Role | Date Range | Details |
|---|---|---|---|
| JPMorgan Chase | Head of Global Research for the Corporate & Investment Bank (CIB) | February 2021 - May 2021 | N/A |
| JPMorgan Chase | Chief Financial Officer and Chief of Staff for the Corporate & Investment Bank (CIB) | July 2013 - February 2021 | N/A |
Fixed Compensation
| Component Name | Amount | Payment Schedule | Additional Details |
|---|---|---|---|
| Salary | $750,000 | Annual | Fixed base salary |
| Miscellaneous Compensation | $5,000 | Annual | Includes various miscellaneous items |
| Pension Change/Deferred Earnings | $16,257 | Annual | Change in pension value and non-qualified deferred compensation earnings |
Performance Compensation
Cash Incentive Compensation
| Component | Amount | Performance Metrics | Payment Schedule | Additional Details |
|---|---|---|---|---|
| Cash Incentive Compensation | $5,700,000 | No detailed performance metrics provided | Annual (based on 2023 performance) | Paid based on 2023 performance |
Restricted Stock Units (RSUs)
| Component | Number of Units | Grant Date | Grant Date Fair Value | Vesting Schedule | Additional Details |
|---|---|---|---|---|---|
| RSUs | 24,042 | January 17, 2023 | $3,375,000 | Vest in two equal installments on January 13, 2025 and January 13, 2026 | Includes dividend equivalents; no performance metrics provided |
Performance Share Units (PSUs)
| Component | Target / Maximum | Grant Date | Grant Date Fair Value | Vesting Schedule | Additional Conditions |
|---|---|---|---|---|---|
| PSUs | Target: 24,042 / Maximum: 36,063 | January 17, 2023 | $3,375,000 | Vest on March 25, 2026 with a two-year holding period post-vesting | Vesting depends on the firm's performance over a three-year period; performance metrics are not specified |