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208 days

JPMorgan boosts CEO Jamie Dimon's pay to $39 million

1. Jamie Dimon's 2024 pay raised to $39 million, up 8.3% from 2023. 2. JPMorgan's net income surged 18% to $59 billion in 2024. 3. Stock price increased 57% over the past year to $265. 4. Dimon hints at remaining as CEO for another four to five years. 5. Similar pay increase observed at Goldman Sachs for CEO David Solomon.

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FAQ

Why Bullish?

Record profitability and stock price increase suggest positive outlook for JPM.

How important is it?

CEO compensation and performance metrics directly impact investor confidence in JPM.

Why Long Term?

Dimon's continued leadership beyond 2024 may stabilize management and strategy for JPM.

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