Jamie Dimon, chief executive officer of the second-largest US bank by assets, saw his total compensation rise to $20.8 million in 2010, according to a regulatory filing by JPMorgan Chase & Co.
That’s a sharp increase from the $1.3 million in total pay he received in 2009.
Dimon’s salary remained at $1 million. In 2010, however, he received a $5 million bonus, nearly $8 million in stock awards and $6.2 million in option awards.
By way of comparison, JPMorgan posted a $17.4 billion profit in 2010.
Large pay packages for bankers who oversaw the transactions that caused a near collapse in the world economy became a flash point during the financial crisis.
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