Reported 1 day ago
JPMorgan Chase CEO Jamie Dimon has sold approximately $31.5 million worth of the bank's shares, marking his first such sale since 2005. The sale aligns with ongoing succession planning as Dimon, who has led the bank for 19 years, approaches retirement. The sale occurred shortly after the bank reported record first-quarter profits, and Dimon's 2024 compensation increased by 8.3% to $39 million.
Source: YAHOO