Jamie Dimon, CEO of JPMorgan Chase, speaks during a panel discussion at Harvard University, in Cambridge, Mass., on April 11, 2018.CEO Jamie Dimon will sell a portion of his stake in the bank in 2024 for the first time in his nearly 18-year long tenure at the company.
Based on Thursday’s closing price, the sale would fetch nearly $141-million, and their remaining stake be as big as $1.07-billion. The bank has a market capitalization of over $409-billion, according to LSEG data. He also continues to have unvested performance share units and stock appreciation rights, JPMorgan added.
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