STREAMING NOW: Watch Now

Jamie Dimon Fast Facts

Here is a look at the life of ...

Posted: Feb 22, 2018 9:26 PM
Updated: Feb 22, 2018 9:26 PM

Here is a look at the life of Jamie Dimon, chairman and CEO of JPMorgan Chase & Co.

Personal: Birth date: March 13, 1956

Birth place: New York, New York

Birth name: James Dimon

Father: Theodore Dimon, stockbroker

Mother: Themis Dimon

Marriage: Judith "Judy" (Kent) Dimon (May 1983-present)

Children: Julia, Laura and Kara Leigh

Education: Tufts University, B.A. 1978; Harvard University, M.B.A., 1982

Other Facts: He has a twin brother, Theodore Dimon Jr., who is the founder of the Dimon Institute in New York.

Timeline: 1982-1985 - Assistant to American Express president Sandy Weill.

1996-1997 - Chairman and CEO of Smith Barney.

1997-1998 - Co-chairman and co-CEO of Salomon Smith Barney Holdings.

1998 - President of Citigroup. Dimon is forced out of the company after a falling-out with long-time mentor Sandy Weill.

2000-2004 - Chairman and CEO of Bank One Corporation.

2004 - Becomes president and chief operating officer of JPMorgan Chase & Co. when it merges with Bank One Corporation.

December 31, 2005 - Assumes title of chief executive officer and president at JPMorgan Chase & Co., effective January 1, 2006.

December 31, 2006 - Named chairman of the board at JPMorgan Chase & Co., effective January 1, 2007.

2011 - Earned $23.1 million in compensation as chairman and CEO of JPMorgan Chase & Co., making him the best paid bank CEO.

May 10, 2012 - On a conference call, reveals that a trading portfolio that was designed to help JPMorgan Chase hedge its credit risk lost $2 billion and could lose $1 billion more.

May 15, 2012 - Apologizes to JPMorgan Chase shareholders at the annual meeting. Shareholders approve Dimon's $23 million pay package and preliminary results show that only 40% support a proposal that calls for the appointment of an independent chairman.

May 17, 2012 - Senate Banking Committee announces Dimon has been invited to appear before the committee at hearings looking into the JP Morgan trading losses from a regulatory angle.

June 13, 2012 - Dimon testifies before the Senate Banking, Housing and Urban Affairs Committee telling senators that while he did not approve the trades that led to the multi-billion dollar loss, he was aware of it.

June 19, 2012 - Dimon testifies before the House Financial Services Committee and says that he did not mislead shareholders.

July 13, 2012 - JPMorgan announces that the trading loss originally believed to be $2 billion is now approximately $5.8 billion. JPMorgan later discloses that the loss increased to $6.2 billion in the third quarter.

2012 - Due to the London Whale losses, Dimon's pay package is reduced to $11.5 million, down from the previous year's $23.1 million.

January 23, 2013 - Dimon apologizes to the shareholders by stating that the "whale" trade that caused the $6 billion loss was a "terrible mistake."

May 21, 2013 - Approximately 68% of JPMorgan Chase stockholders vote to keep Dimon as chairman and CEO at the annual meeting, but three directors on the risk committee receive a narrow majority of only between 51% and 59% of votes.

September 19, 2013 - JPMorgan Chase agrees to pay about $920 million in fines to US and UK regulators to settle charges related to the "London Whale" trading scandal.

November 19, 2013 - Officials announce JPMorgan Chase has agreed to a $13 billion settlement to resolve several investigations into the bank's mortgage securities business. According to the Justice Department, the deal is the "the largest settlement with a single entity in American history."

January 24, 2014 - Dimon gets a 74% pay hike for 2013, even though JPMorgan Chase & Co was forced to pay billions in fines and settlements last year. In a government filing, JPMorgan Chase says that Dimon will receive $18.5 million worth of restricted stock that will vest over the next three years as his 2013 bonus. That's up from a $10 million bonus for 2012. His $1.5 million base salary remains unchanged.

July 1, 2014 - Dimon releases a memo saying that he has been diagnosed with a curable throat cancer. He will receive radiation and chemotherapy treatment over the next eight weeks at Memorial Sloan Kettering Hospital in New York, but will remain working while undergoing treatment.

February 11, 2016 - After the price of JPMorgan Chase shares drop 25% from their all-time high during the summer, Dimon purchases $26.6 million in stock.

January 30, 2018 - Announces, along with Warren Buffett and Jeff Bezos, a plan to "find a more efficient and transparent way to provide health care services" in order to tackle the rising cost of healthcare.

West Lafayette
Overcast
50° wxIcon
Hi: 61° Lo: 40°
Feels Like: 50°
Kokomo
Overcast
55° wxIcon
Hi: 74° Lo: 39°
Feels Like: 55°
Rensselaer
Overcast
45° wxIcon
Hi: 49° Lo: 37°
Feels Like: 37°
Fowler
Overcast
45° wxIcon
Hi: 67° Lo: 36°
Feels Like: 37°
Williamsport
Overcast
47° wxIcon
Hi: 58° Lo: 37°
Feels Like: 39°
Crawfordsville
Overcast
46° wxIcon
Hi: 67° Lo: 39°
Feels Like: 40°
Frankfort
Overcast
52° wxIcon
Hi: 71° Lo: 39°
Feels Like: 52°
Delphi
46° wxIcon
Hi: 62° Lo: 40°
Feels Like: 39°
Monticello
46° wxIcon
Hi: 71° Lo: 39°
Feels Like: 39°
Logansport
Overcast
50° wxIcon
Hi: 62° Lo: 39°
Feels Like: 50°
Much Colder Tonight with Any Rainfall Tapering.
WLFI Radar
WLFI Temps
WLFI Planner

Indiana Coronavirus Cases

Data is updated nightly.

Confirmed Cases: 155246

Reported Deaths: 4065
CountyConfirmedDeaths
Marion25151785
Lake13570355
St. Joseph9145161
Elkhart8759135
Allen8129228
Hamilton6117113
Vanderburgh576760
Tippecanoe369515
Hendricks3268133
Monroe325738
Porter313649
Johnson3105128
Clark293961
Delaware293274
Vigo260538
Madison235093
Cass224022
LaPorte222858
Warrick192965
Kosciusko182625
Floyd179167
Howard162466
Bartholomew141558
Dubois138626
Marshall137426
Wayne126930
Henry125429
Grant125339
Boone122250
Hancock118245
Noble115933
Jackson112915
Dearborn94928
Morgan93740
Lawrence87436
Daviess87133
Gibson87111
Clinton84716
Shelby81730
LaGrange80115
Harrison76224
Knox75610
Putnam72816
Posey7146
DeKalb71011
Fayette66618
Steuben6278
Miami6095
Jasper5945
White58515
Montgomery58322
Greene53337
Scott51813
Decatur50439
Adams4837
Whitley4556
Clay4467
Ripley4418
Sullivan43714
Wells4288
Wabash4119
Starke4077
Orange40425
Huntington3905
Spencer3906
Washington3753
Franklin37225
Jennings36713
Fulton3523
Randolph3529
Jefferson3415
Pike33018
Carroll32513
Perry31014
Jay3056
Fountain2943
Tipton27523
Vermillion2411
Parke2323
Newton22511
Rush2154
Blackford2093
Owen2051
Martin1990
Crawford1581
Pulaski1521
Brown1393
Ohio1297
Benton1100
Union1100
Switzerland920
Warren781
Unassigned0234

COVID-19 Important links and resources

As the spread of COVID-19, or as it's more commonly known as the coronavirus continues, this page will serve as your one-stop for the resources you need to stay informed and to keep you and your family safe. CLICK HERE

Closings related to the prevention of the COVID-19 can be found on our Closings page.

Community Events