Dimon was benchmarked not only on the performance of the Wall Street giant, but the board's options for his successor.

Jamie Dimon was awarded an 8.3% pay raise following a year of record profitability at JPMorgan and amid questions about who might succeed him as CEO.

This comes after JPMorgan reported a record 2024 financial result, with its net income rising 18% to $59 billion from the previous year's almost $50 billion

JPMorgan Chase raised its chief executive James Dimon's pay by 8.3% to $39 million in 2024, according to a regulatory filing by the US financial institution on Thursday. This is up from the $36 million Dimon earned in 2023.