JPMorgan raises Dimon's pay 35%, but adds strings

Published Fri, Jan 22, 2016 · 09:50 PM

New York

JPMORGAN Chase & Co directors raised chief executive Jamie Dimon's total compensation by 35 per cent to US$27 million for 2015, a regulatory filing on Thursday showed.

But the board cut the cash portion and tied three-fourths of the total to more performance-sensitive stock awards, the filing with the US Securities and Exchange Commission said.