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JP Morgan CEO Jamie Dimon Gets 74 Percent Pay Raise

JPMorgan Chase & Co. gave Chief Executive Officer Jamie Dimon a 74 percent raise to $20 million last year, bringing his pay closer to where it stood before the board faulted his oversight of botched derivatives bets.

Dimon, who also serves as chairman, received $18.5 million in restricted stock, the New York-based lender said today in a regulatory filing. His salary was unchanged at $1.5 million, and he got no cash bonus, according to the filing.

Source: Bloomberg. Read full article. (link)

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