Jamie Dimon ( born March 13, 1956) is an American business official. He is executive and CEO of JPMorgan Chase, the biggest of the big four American banks, and already served on the top managerial staff of the Federal Reserve Bank of New York. Dimon was incorporated in Time magazine’s 2006, 2008, 2009, and 2011 lists of the world’s 100 most persuasive individuals. He was likewise on Institutional Investor’s lists of best CEOs in the All-America Executive Team studies from 2008 through 2011.
Research distributed at the University of Oxford characterizes Dimon’s administration style as paradigmatic of “author anti-extremism” – which is an organizer’s outlook, a moral manner towards the investor aggregate, and an exceptional spotlight on exponential esteem creation.
Dimon is one of only a handful couple of bank CEOs to end up a very rich person, thanks to some degree to a USD 485 million stake in JPMorgan Chase. He got a $23 million pay bundle for the financial year 2011, more than some other bank CEO in the United States. Dimon got $20 million in pay for his work in the monetary year 2013.He earned $29.5 million of every 2017.
Early life and training
Dimon was conceived in New York City, to offspring of Greek migrants Theodore and Themis (née Kalos) Dimon. One of three children, he is of Greek descent and Greek Orthodox and gone to The Browning School in his youth.[ His fatherly granddad was a Greek worker who changed the family name from Papademetriou to Dimon to make it sound more French, and filled in as an investor in Smyrna (today’s Izmir) and Athens. He has a more established sibling, Peter, and a friendly twin sibling, Ted. Dimon’s dad and granddad were the two stockbrokers at Shearson.
He studied brain science and financial aspects at Tufts University. Amid one summer’s break from Tufts, he worked at Shearson. In the wake of graduating, he worked in administration counseling for a long time before selecting at Harvard Business School, alongside classmates Jeffrey Immelt, Steve Burke, Stephen Mandel, and Seth Klarman. Amid the late spring at Harvard, he worked at Goldman Sachs. He graduated in 1982, gaining a Master of Business Administration degree as a Baker Scholar.
After graduation, Sandy Weill convinced him to turn down offers from Goldman Sachs, Morgan Stanley, and Lehman Brothers to go along with him as a colleague at American Express.Although Weill couldn’t offer indistinguishable measure of cash from the venture banks, Weill guaranteed Dimon that he would have “fun”. Dimon’s dad, Theodore Dimon, was an official VP at American Express. The more youthful Dimon became obvious when Theodore go along a paper that Jamie had composed.
Sandy Weill left American Express in 1985 and Dimon tailed him. The two at that point assumed over Commercial Praise, a consumer finance company, from Control Data. Dimon filled in as the chief monetary officer, turning the organization around. Dimon left Citigroup in November 1998, in the wake of being requested to leave by Weill amid an end of the week official retreat. It was reputed at the time that he and Weill contended in 1997 over Dimon’s not advancing Weill’s girl, Jessica M. Bibliowicz,although that occurred over a year prior to Dimon’s flight. Somewhere around one other record refers to a demand by Dimon to be dealt with as an equivalent as the genuine reason. In his 2005 University of Chicago Graduate School of Business Fireside Chat and 2006 Kellogg School of Management interviews, Dimon affirmed that Weill terminated him.