How A lot 8 Prime CEOs Obtained Paid in 2024: JPMorgan, | World Market Information
CEO pay has skyrocketed lately, with current govt pay filings at high corporations cementing the pattern.Compensation figures for 2024 launched final week by means of filings with the U.S. Securities and Change Fee confirmed that total CEO pay elevated in comparison with 2023, together with $10 million more for Apple’s Tim Prepare dinner and a 26% bump for Goldman Sachs’ David Solomon.In keeping with the Financial Coverage Institute (EPI), CEOs had been paid 290 instances more than the average employee in 2023 — in comparison with 21 instances as a lot in 1965.Here is how eight CEOs had been compensated in 2024, from Starbucks’ Brian Niccol to Qualcomm’s Cristiano Amon.Associated: ‘Feels Like a Slap within the Face’: Some JPMorgan Staff Reportedly Aren’t Glad With Their Bonuses
Brian NiccolBrian Niccol. Photograph by Robin Marchant/Getty ImagesTitle, company: CEO of Starbucks2024 compensation: $96 million ($61,538 in wage plus a $5 million money bonus and $90 million in stock awards)2023 compensation: He earned $22.5 million in 2023 at Chipotle.
Niccol, 50, started main Starbucks on September 9 and was beforehand CEO of Chipotle. The $90 million he earned in stock awards in 2024 got here from Starbucks shopping for out the Chipotle shares he forfeited when he left Chipotle.Associated: Starbucks’ New CEO Will Have the Use of a Personal Jet Each Week to Meet RTO RulesTim CookTim Prepare dinner. Photograph by Beata Zawrzel/NurPhoto through Getty ImagesTitle, company: CEO of Apple2024 Compensation: $74.6 million ($3 million wage plus the rest in stock awards)2023 compensation: $63.2 millionCook, 64, earned $74.6 million in 2024, over $10 million more than he made in 2023. His base wage has remained $3 million for the previous three years. Prepare dinner famously took a 40% pay cut in 2023 after a shareholder vote revealed that the proportion of Apple shareholders who supported his pay declined from 94.9% in 2021 to 64% in 2022.Associated: Apple CEO Tim Prepare dinner Is One of the Most Extremely Compensated CEOs. Here is How A lot He Obtained Paid Final Yr.
Bob IgerBob Iger. Photograph by Michael Buckner/Selection through Getty ImagesTitle, company: CEO of Walt Disney Co.2024 compensation: $41.1 million ($1 million wage plus the rest in money bonus and stock awards)2023 compensation: $31.6 million
Iger, 73, made about 30% more in 2024 than he obtained in 2023 as a result of of Disney’s box workplace efficiency and its newfound profitability in streaming. Disney Plus, Hulu, and ESPN Plus made $321 million in revenue during the fourth quarter of 2024 and $47 million within the third quarter, the primary two quarters that streaming was profitable for Disney.Associated: Disney Declares Main Government Adjustments, Together with When CEO Bob Iger Is LeavingDavid SolomonDavid Solomon. Photograph by Jeenah Moon/Bloomberg through Getty ImagesTitle, company: CEO of Goldman Sachs Group Inc.2024 compensation: $39 million ($2 million wage plus $8.3 million in money bonuses, with the rest in stock awards)2023 compensation: $31 millionSolomon, 63, noticed his compensation in 2024 increase 26% from 2023. He and Goldman president and chief working officer John Waldron every obtained retention bonuses of $80 million in restricted stock this month. The bonuses vest in January 2030, so provided that Solomon and Waldron select to remain on the company for an additional 5 years.Associated: How 9 Newly Minted Goldman Sachs Companions Celebrated Their Large Day
Jamie DimonJamie Dimon. Photograph by Manuel Orbegozo/Bloomberg through Getty ImagesTitle, company: CEO of JPMorgan Chase & Co.2024 compensation: $39 million ($1.5 million wage plus the rest in money bonus and stock awards)2023 compensation: $36 millionDimon, 68, made 8.3% more in 2024 after JPMorgan posted its highest annual revenue but in 2024. The bank had a record-high web income of $58.5 billion in 2024.Associated: JPMorgan CEO Jamie Dimon Says He Reconciled With Elon Musk After LawsuitsCristiano AmonCristiano Amon. Photograph by Rita Franca/NurPhoto through Getty ImagesTitle, company: CEO of Qualcomm2024 compensation: $25.9 million ($1.35 million wage plus the rest in stock awards)2023 compensation: $23.5 millionAmon, 54, stepped into the CEO position in 2021 and has been at Qualcomm for 27 years. He made close to double the compensation of some other govt, with chief technology officer James Thompson taking home the second-biggest pay at $13 million.Paul ReillyPaul Reilly. Photograph by Scott Eells/Bloomberg through Getty ImagesTitle, company: CEO of Raymond James Financial2024 compensation: $24.05 million ($750,000 wage plus a $11.65 million money bonus and the rest in stock awards)2023 compensation: $20.55 millionReilly, 70, is set to depart the CEO place on February 20 and transition to the position of govt chairman. His achievements embrace recruiting advisors who made $335 million in mixed income in 2024 and creating a business continuity program. He made 17% more in 2024 than in 2023.
Jenny JohnsonJenny Johnson. Photograph by Hollie Adams/Bloomberg through Getty ImagesTitle, company: CEO of Franklin Templeton Investments2024 compensation: $17.2 million ($750,000 wage plus the rest in stock awards)2023 compensation: $15.1 million
Johnson, 60, has had a 35-year profession at Franklin Templeton, culminating in changing into CEO in 2020. Franklin Templeton was based in 1947 by her grandfather, Rupert H. Johnson Sr.Associated: Ought to CEOs Take a Pay Reduce to Keep away from Layoffs and Reducing Jobs? It is Sophisticated, Specialists Say
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