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JPMorgan board holds CEO Dimon’s annual pay at $31.5 million By Reuters

© Reuters. FILE PHOTO: Jamie Dimon, chairman & CEO of JP Morgan Chase & Co., arrives to testify before a House Financial Services Committee hearing on Capitol Hill in Washington

NEW YORK (Reuters) – JPMorgan Chase & Co (NYSE:) Chief Executive Officer Jamie Dimon will not get a raise in his annual pay and will receive $31.5 million for his work in 2020, the bank said on Thursday.

Dimon’s total compensation will include the same annual base salary of $1.5 million and a performance-based incentive of $30 million, according to a regulatory filing.

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