Brian T. Moynihan, the CEO of BOA has been awarded with a pay package of $16 million, a 23% rise from the previous year. However, the package will reach at maximum if BOA can touch 0.80% earning against assets during the next three years. JP Morgan Chase & Co. CEO James Dimon has ranked top in receiving pay packages for the 2015.
James Dimon
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JP Morgan’s CEO James Dimon received $27 million in total compensation, of which the majority was in performance-based restricted stock and the rest as cash bonus and salary. This structure has been mainly designed to appease the shareholders who had frowned upon the fact that the CEO’s pay does not depend on his performance.
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