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2024-04-03 21:37:33

Jamie Dimon

American billionaire banker and business executive.
American billionaire banker and business executive.
James Dimon, born in 1956, is the chairman and CEO of JPMorgan Chase. With a career spanning various financial institutions, he is recognized as one of the most influential people in the world, with a net worth of $2 billion.
1956-03-13
Jamie Dimon's Birth
Jamie Dimon, the American billionaire banker and business executive, was born in New York City on March 13, 1956.
1978
Graduated from Tufts University
Jamie Dimon completed his undergraduate studies at Tufts University in 1978.
1980
Jamie Dimon joins American Express Co.
After graduating from Harvard, Jamie Dimon turned down offers from other large firms to join American Express Co. with his mentor, Weill.
1982
Jamie Dimon graduated in the top 5% of his class as a Baker Scholar
In 1982, Jamie Dimon achieved academic excellence by graduating in the top 5% of his class at Harvard Business School, earning the prestigious title of Baker Scholar.
1983-05
Marriage of Jamie Dimon
Jamie Dimon married Judith “Judy” (Kent) Dimon in May 1983.
1985
Jamie Dimon becomes CFO of Commercial Credit
Jamie Dimon left American Express along with Weill and went on to become the chief financial officer (CFO) of Commercial Credit.
1986
Managing Financial
In 1986, Jamie Dimon started managing financial matters, showcasing his skills and expertise in the field.
1987
Acquisition of Primerica Corp.
Jamie Dimon led Commercial Credit to acquire Primerica Corp. in 1987, marking a significant milestone in the company's transformation.
1991
Surprise Promotion at Primerica
In 1991, Jamie Dimon received a surprise promotion at Primerica, a significant milestone in his career advancement.
1993
Acquisition of The Travelers Corp.
Under Jamie Dimon's leadership, Commercial Credit acquired The Travelers Corp. in 1993, further solidifying the company's growth and transformation.
1994
Induction into The Browning School Athletic Hall of Fame
In 1994, Jamie Dimon was inducted into The Browning School Athletic Hall of Fame.
1996
Rising Atop Smith Barney
By 1996, Jamie Dimon had risen to a prominent position at Smith Barney, solidifying his reputation in the financial sector.
1998
Commercial Credit merges with Citicorp to form Citigroup
Under Jamie Dimon's leadership, Commercial Credit expanded from a small regional firm to merge with Citicorp in 1998, creating Citigroup, one of the largest banks in the world.
2000-03
Jamie Dimon becomes CEO of Bank One
In March 2000, Jamie Dimon assumed the role of CEO at Bank One, the nation's fifth largest bank.
2004-07-01
Jamie Dimon named President and Chief Operating Officer of JPMorgan Chase & Co.
Following the merger with Bank One Corporation, Jamie Dimon was appointed as President and Chief Operating Officer of JPMorgan Chase & Co. on July 1, 2004.
2005-12-31
Jamie Dimon becomes CEO of JPMorgan Chase
On December 31, 2005, Jamie Dimon was appointed as the CEO of JPMorgan Chase.
2006-01-01
Jamie Dimon becomes CEO of JPMorgan Chase & Co.
Jamie Dimon assumed the role of Chief Executive Officer of JPMorgan Chase & Co. on January 1, 2006.
2006-12-31
Named Chairman of the Board at JPMorgan Chase & Co.
On December 31, 2006, he was appointed as the chairman of the board at JPMorgan Chase & Co., with the position becoming effective from January 1, 2007.
2007-01-01
Jamie Dimon becomes Chairman of the Board of JPMorgan Chase & Co.
One year after becoming CEO, Jamie Dimon also took on the role of Chairman of the Board at JPMorgan Chase & Co.
2008-03
Jamie Dimon becomes a Class A board member of the Federal Reserve Bank of New York
In March 2008, Jamie Dimon was appointed as a Class A board member of the Federal Reserve Bank of New York.
2010
International Executive of the Year by The Executives' Club of Chicago
In 2010, Jamie Dimon was named the International Executive of the Year by The Executives' Club of Chicago.
2011-09-26
Jamie Dimon's exchange with Mark Carney
On September 26, 2011, Jamie Dimon engaged in a heated exchange with Mark Carney, the governor of the Bank of Canada, regarding international financial regulations.
2012-05-10
Revealed $2 Billion Trading Loss at JPMorgan Chase
During a conference call on May 10, 2012, he disclosed that a trading portfolio meant for hedging credit risk at JPMorgan Chase incurred a $2 billion loss, with potential for an additional $1 billion loss.
2012-05-15
Apology to JPMorgan Chase Shareholders
On May 15, 2012, Jamie Dimon apologized to JPMorgan Chase shareholders at the annual meeting. Shareholders approved Dimon’s $23 million pay package, but only 40% supported a proposal for an independent chairman.
2012-05-17
Invitation to Senate Banking Committee
On May 17, 2012, the Senate Banking Committee announced that Jamie Dimon had been invited to appear before the committee for hearings on the JP Morgan trading losses from a regulatory perspective.
2012-06-13
Jamie Dimon testifies before Senate Banking Committee
Jamie Dimon appeared before the Senate Banking, Housing and Urban Affairs Committee and stated that although he did not authorize the trades resulting in a significant financial loss, he was aware of them.
2012-06-19
Jamie Dimon testifies before House Financial Services Committee
Jamie Dimon testified before the House Financial Services Committee and asserted that he did not provide misleading information to shareholders.
2013-01-23
Dimon apologizes for $6 billion loss
On January 23, 2013, Jamie Dimon, the CEO of JPMorgan Chase, publicly apologizes to shareholders for the 'whale' trade that resulted in a $6 billion loss, acknowledging it as a 'terrible mistake.'
2013-01-24
Dimon awarded $20 million for work in 2013
On January 24, 2014, Jamie Dimon was awarded $20 million for his work in 2013, a year marked by record profits and stock price under his leadership, despite facing scandals and fines.
2013-05-21
Shareholders vote to keep Dimon as chairman and CEO
On May 21, 2013, approximately 68% of JPMorgan Chase stockholders vote to retain Jamie Dimon as both chairman and CEO at the annual meeting. However, three directors on the risk committee face dissent with only between 51% and 59% of votes in their favor.
2014-01-24
Jamie Dimon receives 74% pay hike for 2013
On January 24, 2014, Jamie Dimon, the CEO of JPMorgan Chase, received a 74% increase in his pay for the year 2013. This increase came despite the fact that JPMorgan Chase had to pay billions in fines and settlements the previous year. Dimon's compensation included $18.5 million worth of restricted stock that would vest over the next three years as his 2013 bonus, up from $10 million in 2012.
2014-07-01
Jamie Dimon diagnosed with throat cancer
On July 1, 2014, Jamie Dimon releases a memo announcing that he has been diagnosed with a curable throat cancer. He plans to undergo radiation and chemotherapy treatment at Memorial Sloan Kettering Hospital in New York while continuing to work.
2016-02-11
Dimon purchases $26.6 million in JPMorgan Chase stock
On February 11, 2016, Jamie Dimon buys $26.6 million worth of JPMorgan Chase shares after the stock price dropped 25% from its all-time high. This move showcases Dimon's confidence in the company's future.
2017-11-30
Feud between Jamie Dimon and Donald Trump
Former President Donald Trump and JPMorgan Chase CEO Jamie Dimon engaged in a public feud in 2017. Despite maintaining a friendly relationship in the past, their disagreements became more pronounced during this time.
2020-03-05
Jamie Dimon's Emergency Heart Surgery Announcement
JPMorgan Chase's co-COOs Gordon Smith and Daniel Pinto inform employees, shareholders, and clients that Jamie Dimon is recovering from emergency heart surgery. Dimon underwent surgery due to an acute aortic dissection, a tear in the inner lining of the aorta blood vessel.
2021-07-20
JPMorgan Chase Awards Jamie Dimon 1.5 Million Stock Options
In July 20, 2021, JPMorgan Chase granted Jamie Dimon 1.5 million stock options as per a filing with the Securities and Exchange Commission. This was to incentivize Dimon to continue leading the firm for a significant number of years.
2023-10-06
Jamie Dimon announces selling JPMorgan shares
In October 2023, Jamie Dimon made headlines by announcing the sale of $141 million worth of JPMorgan shares. This marked his first significant offloading of shares since taking on the role of CEO in 2006.
2023-12-04
Celebration of Jamie Dimon's 18 years at JPMorgan Chase
In December 2023, Jamie Dimon is celebrating 18 years as the CEO of JPMorgan Chase. His leadership and influence in the banking industry have been notable during this time.
2024-02-22
Jamie Dimon Sells $150 Million Worth of JPMorgan Chase Stock
By February 22, 2024, SEC filings revealed that Jamie Dimon had sold $150 million worth of JPMorgan Chase stock. This transaction was documented in the filings.
End of the Timeline
Jamie Dimon

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Jamie Dimon

American billionaire banker and business executive.
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