Only about 31% of the bank’s shareholders voted Tuesday in favor of a nonbinding “say on pay” resolution. The harsh verdict followed a one-time award of $52.6 million in stock options to keep Chairman and CEO Jamie Dimon on the job for five more years.
Read more from the source American Banker: Dimon’s big pay package gets thumbs-down from JPMorgan shareholders, Published by: Allissa Kline