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CEOPayWatch

Updated April 2026 · SEC DEF 14A data

Citigroup vs JPMorgan Chase, CEO Pay Comparison

Jamie Dimon, JPMorgan Chase's CEO, earns $1.7M more in reported total compensation than Jane Fraser at Citigroup, based on the most recent SEC DEF 14A proxy filings. Citigroup earns a Pay-for-Performance Grade of A; JPMorgan Chase earns a B.

Jane Fraser at Citigroup ($13.3M) and Jamie Dimon at JPMorgan Chase ($15.0M) are close on total compensation. With pay close, the more interesting comparison is on performance: TSR ran 15.7% versus 7.0% over the three-year window.

CEO compensation comparisons require peer-group context. Compensation committees explicitly select peer groups for setting CEO pay; two companies may use different peer groups even when they appear in similar industries. The full per-company pages surface the disclosed peer-group context.

Side-by-Side Comparison

MetricCitigroupCJPMorgan ChaseJPM
CEOJane FraserJamie Dimon
IndustryBanksBanks
Total Compensation$13.3M$15.0M
Base Salary$1.3M$1.5M
Stock Awards$6.7M$7.5M
Option Awards$1.6M$1.8M
Non-Equity Incentive$2.0M$2.3M
Pay-for-Performance GradeA (80/100)B (65/100)
CEO-Worker Pay Ratio205:1231:1
Median Worker Pay$65K$65K
Say-on-Pay Approval92.7%92.9%
3yr Total Shareholder Return+15.7%+7.0%
Revenue$78.5B$177.6B
Market Cap$130.0B$680.0B
Employees240,000313,206

Reading the Comparison

Jamie Dimon (JPMorgan Chase) earns $1.7M more than Jane Fraser (Citigroup) — a modest gap typical of CEOs running roughly comparable companies in the same sector tier.

On Pay-for-Performance Grade, Citigroup edges JPMorgan Chase 80/100 (A) to 65/100 (B). The 15-point gap usually reflects one or two factors moving in opposite directions — typically say-on-pay vote share or relative TSR.

CEO-to-worker pay ratios are similar: 205:1 at Citigroup versus 231:1 at JPMorgan Chase. Both companies have median worker pay structures that produce comparable Item 402(u) ratios. Shareholders treated the two pay packages similarly in the most recent annual meetings: 92.7% support at Citigroup, 92.9% at JPMorgan Chase. Both fall within the typical S&P 500 range.

How These Numbers Are Sourced

Every metric in the comparison table comes from a primary public source. Total compensation, salary, stock awards, option awards, and non-equity incentive figures come from the Summary Compensation Table of each company's most recent DEF 14A — the table the SEC requires every U.S. public company to file annually under Regulation S-K Item 402. CEO-to-worker pay ratio comes from the Item 402(u) disclosure required since 2018. Say-on-pay vote share comes from the 8-K filed within four business days of each annual meeting. 3-year total shareholder return is computed from split-adjusted, dividend-reinvested price data over the most recent 36 months.

The Pay-for-Performance Grade is the four-factor composite documented at methodology: relative TSR (35%), revenue versus compensation growth (25%), say-on-pay vote (25%), and pay ratio versus peers (15%). Authoritative governance frameworks come from Institutional Shareholder Services (ISS) and Glass Lewis. Underlying SEC filings for both Citigroup and JPMorgan Chase are available on the EDGAR system.

Frequently Asked Questions

How much do the CEOs of Citigroup and JPMorgan Chase earn?

Jane Fraser, CEO of Citigroup, earned $13.3M in reported total compensation in the most recently disclosed fiscal year. Jamie Dimon at JPMorgan Chase earned $15.0M. Both figures come from the Summary Compensation Table inside each company's most recent DEF 14A proxy statement.

Which company has better Pay-for-Performance alignment?

On Pay-for-Performance Grade, Citigroup edges JPMorgan Chase 80/100 (A) to 65/100 (B). The 15-point gap usually reflects one or two factors moving in opposite directions — typically say-on-pay vote share or relative TSR. The grade is computed from a four-factor composite: 3-year relative TSR (35%), revenue versus compensation growth (25%), say-on-pay vote (25%), and CEO-to-worker pay ratio versus peers (15%).

How do CEO-to-worker pay ratios compare?

Citigroup reports a CEO-to-median-worker pay ratio of 205:1 on its most recent Item 402(u) disclosure; JPMorgan Chase reports 231:1. CEO-to-worker pay ratios are similar: 205:1 at Citigroup versus 231:1 at JPMorgan Chase. Both companies have median worker pay structures that produce comparable Item 402(u) ratios.

Did shareholders approve each pay package?

Shareholders treated the two pay packages similarly in the most recent annual meetings: 92.7% support at Citigroup, 92.9% at JPMorgan Chase. Both fall within the typical S&P 500 range. Say-on-pay is an advisory vote required by Section 951 of the Dodd-Frank Act and conducted at each annual shareholder meeting.

Where does this comparison data come from?

Every figure on this page is sourced from public SEC filings: the DEF 14A proxy statement for compensation under Regulation S-K Item 402, the same proxy's Item 402(u) disclosure for pay ratio, the 8-K filed within four business days of each annual meeting for say-on-pay vote share, and the 10-K for revenue, market cap, and employee count. All filings are available on the SEC EDGAR system at https://www.sec.gov/edgar.shtml.

Source: U.S. Securities and Exchange Commission, DEF 14A and 8-K filings via EDGAR. Public domain.

Last updated 2026-04-06 · comparing Citigroup (C) and JPMorgan Chase (JPM).