Dimon earns $25m in special options

JP Morgan Chase has granted chairman and chief executive Jamie Dimon about $25m (€17m) worth of stock options in addition to his regular compensation, as unlike rivals, the bank remained in the black for the fourth quarter and full year despite the credit crunch.

Dimon has been granted two million long term stock appreciation rights. The options are understood to be worth $25m (€17m) based on the bank’s current share price of $40.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on ItExternal link

Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It