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
In line with its April 13 announcement that it’s making a “big push” into software, Brex has acquired Y Combinator-backed Pry Financials for $90 million, the company told TechCrunch exclusively. Founded in 2019, San Francisco-based financial planning software startup...
Executives of firms like J.P. Morgan, Morgan Stanley and Bank of America benefited from a stronger market in 2021 that increased incentive pay.Read more from the source Financial Planning: Wealth management CEO pay in 2021, Published by: Tobias Salinger
The Facebook veteran announced his departure in the midst of a crisis caused by the release of damning internal documents known as the Facebook Files.Read more from the source Business Insider: Facebook CTO Schroepfer Forfeits Almost $50 Million in Stock to Leave,...
About
David has two decades of global recruitment experience and is Founding Partner of Willard Powell. Prior to founding Willard Powell, David worked with Leathwaite International, a global executive search firm. Before his employment with Leathwaite, David worked for Wachovia Securities (now Wells Fargo Securities) supporting the firm’s Investment Banking & Capital Markets Technology group. David is a graduate of Lasell College in Newton, MA, where he received a Bachelor of Science in Business Management with a concentration in Management Information Systems. David also serves as a Trustee on Lasell’s Board.