Average CEO makes 354 times the average worker

RacinReaver
Thu, 16 May 2013 10:31:11 +0000

Jamie Dimon is considering leaving JP Morgan Chase if stockholders vote to separate the CEO and Board Chairman jobs that Dimon currently holds. If he leave the stock will probably drop 10 percent. That would amount to about a $20 billion dollar loss simply because of one man. He is paid about $27.5 million per year, I think. I would say shareholders are getting a pretty good deal. They are paying $27.5 million per year for a man worth $20 billion. Dimon is just one more example of how important is a CEO.



I’m not sure if I like the idea of my company’s owner using his influence on the stock price as a way to hold the rest of the organization hostage.