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This article was first published 13 years ago

America's 10 highest-paid bank CEOs

Last updated on: September 29, 2011 15:03 IST

Image: Bank CEOs in the US are earning millions of dollars per year.
While the world is still struggling to recover from the economic meltdown of 2008, which was primarily caused by the reckless lending policies of financial institutions, there are some banks that continue to pay exorbitant salaries to their chief executives.

Let us have a look at 10 highest-paid bank CEOs in the United States.

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America's 10 highest-paid bank CEOs

Image: Jamie Dimon is the CEO of JP Morgan Chase.
1. Jamie Dimon

Salary: $20.8 million

Bank: JP Morgan Chase

Cash compensation: $6.6 million

Stock and options: $14.2 million

Total compensation one-year change: 1,541.5 per cent

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America's 10 highest-paid bank CEOs

Image: Robert Kelly's salary is $19.4 million.
2. Robert P Kelly

Salary: $19.4 million

Bank: Bank of New York Mellon

Cash compensation: $7.0 million

Stock and options: $12.4 million

Total compensation one-year change: 72.5 per cent

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America's 10 highest-paid bank CEOs

Image: John Stumpf is the CEO of Wells Fargo.
3. John Stumpf

Salary: $17.6 million

Bank: Wells Fargo

Cash compensation: $6.6 million

Stock and options: $11.0 million

Total compensation one-year change: -6.3 per cent

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America's 10 highest-paid bank CEOs

Image: Ken Chenault, pictured here with his wife, saw a dip in compensation.
4. Ken Chenault

Salary: $16.3 million

Bank: American Express

Cash compensation: $5.0 million

Stock and options: $11.2 million

Total compensation one-year change: -2.2 per cent

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America's 10 highest-paid bank CEOs

Image: Richard Davis's compensation rose by more than 140 per cent.
5. Richard K Davis

Salary: $16.1 million

Bank: US Bancorp

Cash compensation: $4.1 million

Stock and options: $12.0 million

Total compensation one-year change: 143.0 per cent

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America's 10 highest-paid bank CEOs

Image: James Gorman is the CEO of Morgan Stanley.
6. James Gorman

Salary: $14.9 million

Bank: Morgan Stanley

Cash compensation: $4.7 million

Stock and options: $10.2 million

Total compensation one-year change: 130.4 per cent

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America's 10 highest-paid bank CEOs

Image: Richard D Fairbank's salary is $14.9 million.
7. Richard D Fairbank

Salary: $14.9 million

Bank: Capital One

Cash compensation: $100,637

Stock and options: $14.8 million

Total compensation one-year change: 144.4 per cent

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America's 10 highest-paid bank CEOs

Image: Lloyd Blankfein's compensation shot up by more than 1,200 per cent.
8. Lloyd Blankfein

Salary: $14.1 million

Bank: Goldman Sachs

Cash compensation: $6.5 million

Stock and options: $7.7 million

Total compensation one-year change: 1,275.9 per cent

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America's 10 highest-paid bank CEOs

Image: C Robert Henrikson's salary is $13.9 million.
9. C Robert Henrikson

Salary: $13.9 million

Bank: MetLife

Cash compensation: $5.8 million

Stock and options: $8.0 million

Total compensation one-year change: 39.0 per cent

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America's 10 highest-paid bank CEOs

Image: James E Rohr's compensation fell by 21 per cent.

10. James E Rohr

Salary: $11.6 million

Bank: PNC Financial

Cash compensation: $3.9 million

Stock and options: $7.7 million

Total compensation one-year change: -21.4 per cent