The focus of the Controversy Alert is chief executive pay in the US and the executive talent market. "On July 20, 2021, the board of directors of JPMorgan Chase & Co. presented its chair and chief executive officer, James Dimon, an equity grant valued at $52,620,000," the Controversy Alert states.
In total, Dimon's 2021 pay package as reported by the bank was $84,428,145, according to the Controversy Alert.
Glass Lewis is recommending that shareholders of JP Morgan Chase & Co vote against proposal 2.00 relating to an advisory vote on executive compensation at the company's annual general meeting, which is scheduled to take place on May 17.
This Glass Lewis recommendation falls under the ESG category of executive pay.
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