Summary
[JP Morgan Chase grants 1.5 million stock options to retain CEO Dimon]British “Financial Times” reported on July 21 that JPMorgan Chase awarded Jamie Dimon a “special award”-1.5 million shares Stock options, and said it reflects the board’s hope that Dimon will continue to lead the bank for a “considerable long time”. Dimon is one of the longest-serving CEOs on Wall Street. (Interface News)
The British “Financial Times” reported on July 21,JPMorganJamie Dimon (Jamie Dimon) was awarded a “special award”-1.5 million stock options, and said this reflects the board’s hope that Dimon will continue to lead the bank for “a considerable time.” Dimon is one of the longest-serving CEOs on Wall Street.
The board of directors granted Dimon these options in the form of “stock appreciation rights.” He can exercise the options at an average price of US$148.73 on Tuesday.JPMorganIf the stock price exceeds this level, he will make a profit.
(Article Source: Interface News)
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