Jamie Dimon’s Pay Spikes Nearly 1,500% to $20.8M

After piloting the No. 2 U.S. bank through the financial crisis relatively unscathed, JPMorgan (JPM) Chief Executive Officer Jamie Dimon is now being extremely well rewarded. Dimon’s total compensation jumped nearly 1,500% to $20.8 million in 2010 from $1.3 million a year earlier, based on the U.S. SEC’s compensation formula, a regulatory filing showed. Dimon did even better in terms of the value of money and shares actually received: his salary, bonus and stock and options from grants made largely in previous years that were actually exercised in 2010 were worth around $42 million. – Reuters

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