Jamie Dimon

Jamie Dimon, the American billionaire banker and business executive, was born in New York City on March 13, 1956.

Jamie Dimon completed his undergraduate studies at Tufts University in 1978.

After graduating from Harvard, Jamie Dimon turned down offers from other large firms to join American Express Co. with his mentor, Weill.

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.

Jamie Dimon married Judith “Judy” (Kent) Dimon in May 1983.

Jamie Dimon left American Express along with Weill and went on to become the chief financial officer (CFO) of Commercial Credit.

In 1986, Jamie Dimon started managing financial matters, showcasing his skills and expertise in the field.

Jamie Dimon led Commercial Credit to acquire Primerica Corp. in 1987, marking a significant milestone in the company's transformation.

In 1991, Jamie Dimon received a surprise promotion at Primerica, a significant milestone in his career advancement.

Under Jamie Dimon's leadership, Commercial Credit acquired The Travelers Corp. in 1993, further solidifying the company's growth and transformation.

In 1994, Jamie Dimon was inducted into The Browning School Athletic Hall of Fame.

By 1996, Jamie Dimon had risen to a prominent position at Smith Barney, solidifying his reputation in the financial sector.

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.

In March 2000, Jamie Dimon assumed the role of CEO at Bank One, the nation's fifth largest bank.

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.

On December 31, 2005, Jamie Dimon was appointed as the CEO of JPMorgan Chase.

Jamie Dimon assumed the role of Chief Executive Officer of JPMorgan Chase & Co. on January 1, 2006.

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.

One year after becoming CEO, Jamie Dimon also took on the role of Chairman of the Board at JPMorgan Chase & Co.

In March 2008, Jamie Dimon was appointed as a Class A board member of the Federal Reserve Bank of New York.

In 2010, Jamie Dimon was named the International Executive of the Year by The Executives' Club of Chicago.

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.

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.

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.

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.

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.

Jamie Dimon testified before the House Financial Services Committee and asserted that he did not provide misleading information to shareholders.

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.'

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.