Interactive: 2010 bank CEO pay

The average pay of bank bosses in the US and Europe jumped 36 per cent last year to $9.7m according to data compiled for the Financial Times, despite variable performance across the sector.

Two of the industry’s biggest names – Jamie Dimon, JPMorgan Chase chief executive, and Goldman Sachs’ Lloyd Blankfein – were each paid more than 15 times their 2009 earnings. Mr Dimon was paid nearly $21m in 2010, topping the FT’s survey of the salary and bonus packages awarded to 15 top bankers. Mr Blankfein earned $14.1m including a $5.4m cash bonus, up from $863,000 in 2009.

The analysis by Equilar, the US-based pay research firm, shows CEO pay at several banks are still significantly lower than their pre-crisis highs.

Explore the bank CEO’s and their 2010 pay in this interactive graphic.

Methodology

For each CEO, Equilar looked at total annual pay including base salary, cash bonuses, the grant-date value of stock and option awards, and certain other benefits.

For companies based in the US, the figures were collected from the summary compensation table of each group’s annual proxy statement. For companies based outside the US, Equilar collected data from the director and management remuneration section of each company’s annual report.

All values disclosed in currencies other than US dollars are converted into US dollars using the average daily exchange rate for the fiscal year in which compensation was paid.

Grant-date values for equity awards represent their estimated value. Although companies disclose these values, there is no guarantee that an executive will actually realise the amounts shown.

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