History of Jamie Dimon in Timeline
James Dimon is a prominent figure in the American financial industry, serving as the chairman and CEO of JPMorgan Chase, a leading global financial services firm, since 2006. His extensive career in banking and finance has solidified his position as a key influencer in the business world.
March 13, 1956: Birth of Jamie Dimon
Jamie Dimon was born on March 13, 1956.
1982: Harvard MBA and Joining American Express
In 1982, Dimon graduated from Harvard Business School with an MBA and, influenced by Sandy Weill, joined American Express.
1982: MBA Graduation and Joining American Express
Jamie Dimon completed his MBA from Harvard Business School in 1982 and joined American Express, mentored by Sandy Weill.
1983: Marriage to Judith Kent
Dimon married Judith Kent, whom he met at Harvard Business School, in 1983.
1985: Move to Commercial Credit
In 1985, Dimon followed Sandy Weill to Commercial Credit, marking a pivotal move in his career.
1985: Move to Commercial Credit
In 1985, Dimon followed Sandy Weill to Commercial Credit, marking a pivotal move in his career.
1986: CFO at Commercial Credit
At the age of 30, Jamie Dimon became the Chief Financial Officer (CFO) of Commercial Credit in 1986.
1989: Start of Political Donations
Beginning in 1989, Dimon primarily directed his political donations towards the Democratic Party.
1990: Leadership Roles at Travelers and Smith Barney
From 1990 onwards, Dimon served as the COO of both Travelers and Smith Barney, showcasing his expertise in the financial sector.
1997: Rumored Dispute with Weill
It was rumored that a dispute arose between Dimon and Weill in 1997, potentially contributing to Dimon's departure from Citigroup.
November 1998: Departure from Citigroup
In November 1998, Jamie Dimon's time at Citigroup came to an end when he was asked to resign by Sandy Weill.
1998: Beginning of Alleged Association with Jeffrey Epstein
Allegations emerged regarding JPMorgan Chase's ties to Jeffrey Epstein starting in 1998.
1998: President of Citigroup and Subsequent Departure
In 1998, Jamie Dimon became President of Citigroup but was asked to resign by Sandy Weill later that year.
March 2000: CEO of Bank One
Jamie Dimon's leadership journey continued as he became CEO of Bank One in 2000.
2000: CEO of Bank One
Jamie Dimon's leadership journey continued as he became CEO of Bank One in 2000.
July 2004: Merger of Bank One and JPMorgan Chase
Dimon oversaw the merger of Bank One with JPMorgan Chase in 2004, assuming the role of president and COO.
2004: Merger of Bank One and JPMorgan Chase
Dimon oversaw the merger of Bank One with JPMorgan Chase in 2004, assuming the role of president and COO.
December 31, 2005: CEO of JPMorgan Chase
Jamie Dimon was named CEO of JPMorgan Chase on December 31, 2005, marking a significant milestone in his career.
2006: CEO of JPMorgan Chase
In 2006, Jamie Dimon was appointed as the chairman and chief executive officer (CEO) of JPMorgan Chase.
2006: Dimon Becomes CEO of JPMorgan Chase
In 2006, Jamie Dimon was appointed as the chairman and chief executive officer (CEO) of JPMorgan Chase.
2006: First Time Listed in Time's 100 Most Influential People
Jamie Dimon was recognized for his influence and included in Time magazine's list of the world's 100 most influential people for the first time in 2006.
December 31, 2006: Chairman and President of JPMorgan Chase
Jamie Dimon's role at JPMorgan Chase expanded on December 31, 2006, when he was named chairman and president.
2007: Beginning of Mis-selling of Mortgage-Backed Securities
The mis-selling of mortgage-backed securities, leading to the 2007-2008 financial crisis, is alleged to have begun under Dimon's leadership.
March 2008: Board Member of the Federal Reserve Bank of New York
Jamie Dimon joined the board of directors of the Federal Reserve Bank of New York in March 2008.
2008: Speculation Surrounding Treasury Secretary Position
Following Obama's 2008 presidential victory, Dimon was considered a potential candidate for Treasury Secretary, a position ultimately filled by Timothy Geithner.
2008: Second Time Listed in Time's 100 Most Influential People
Jamie Dimon's influence continued to be recognized, as he was included in Time magazine's list of the world's 100 most influential people for a second time in 2008.
2008: Financial Crisis and JPMorgan Chase's Settlement
The mis-selling of mortgage-backed securities contributed to the 2007-2008 financial crisis. JPMorgan Chase reached a $13 billion settlement with the U.S. government.
2009: End of Primary Donations to Democrats
In 2009, Dimon ceased to primarily donate to the Democratic Party, marking a shift in his political contributions.
2009: Third Time Listed in Time's 100 Most Influential People
Jamie Dimon's influence continued to be recognized, as he was included in Time magazine's list of the world's 100 most influential people for a third time in 2009.
2009: Recognized as a "TopGun CEO"
Dimon's exceptional leadership was acknowledged in 2009 when Brendan Wood International, an advisory agency, recognized him as one of the "TopGun CEOs."
September 26, 2011: Clash with Mark Carney over Basel III Regulations
On September 26, 2011, Dimon publicly disagreed with Mark Carney, the governor of the Bank of Canada, regarding the Basel III international financial regulations, expressing concerns about potential discrimination against U.S. banks.
2011: Chairman of The Business Council's Executive Committee
Jamie Dimon served as chairman of the executive committee for The Business Council in 2011, highlighting his influence and leadership among global CEOs.
2011: Dimon Received $23 Million Pay Package
Jamie Dimon's compensation for fiscal year 2011 was $23 million, the highest among bank CEOs in the US.
2011: Fourth Time Listed in Time's 100 Most Influential People
Jamie Dimon's influence continued to be recognized, as he was included in Time magazine's list of the world's 100 most influential people for a fourth time in 2011.
January 2012: Dimon's Views on the Volcker Rule
In January 2012, Jamie Dimon publicly shared his perspective on the Volcker Rule, supporting the ban on proprietary trading while emphasizing the importance of market making for robust capital markets.
May 10, 2012: JPMorgan Chase Reports Significant Trading Loss
On May 10, 2012, JPMorgan Chase announced a significant trading loss, which Dimon acknowledged was due to a flawed and poorly monitored strategy.
May 2012: Dimon Describes Political Views
In May 2012, Dimon publicly stated that he identified as "barely a Democrat," offering insight into his evolving political stance.
2012: Dimon's Compensation Reduced to $11.5 Million
In 2012, following controversial trading losses, JPMorgan Chase reduced Jamie Dimon's compensation to $11.5 million.
2012: Chairman of The Business Council's Executive Committee
Jamie Dimon served as chairman of the executive committee for The Business Council in 2012, highlighting his influence and leadership among global CEOs.
2013: End of Alleged Association with Jeffrey Epstein
Allegations regarding JPMorgan Chase's ties to Jeffrey Epstein ended in 2013.
2013: Record Profits and Stock Price under Dimon
JPMorgan Chase achieved record profits and stock price under Dimon's leadership in 2013.
January 24, 2014: Dimon's Compensation for 2013
On January 24, 2014, it was announced that Jamie Dimon would receive $20 million for his work in 2013.
September 2014: Throat Cancer Treatment Completion
Dimon completed eight weeks of radiation and chemotherapy for throat cancer in September 2014.
December 2016: Joins Trump's Business Forum
Dimon joined a business forum created by President-elect Donald Trump in December 2016 to provide economic advice, showcasing his engagement with the incoming administration.
2016: Support for Remain Campaign
During the 2016 Brexit referendum, Dimon and JP Morgan Chase actively supported the Remain campaign, demonstrating their stance on the UK's EU membership.
2017: Support for Tax Cuts and Jobs Act
Dimon expressed support for the Trump administration's Tax Cuts and Jobs Act of 2017, while also voicing criticisms of their immigration and trade policies.
2018: Contemplates Presidential Run
Dimon briefly considered a presidential campaign in 2018 but decided against it due to perceived unpopularity.
2019: Assessment of US Economy and Criticism of Government Response
In 2019, Dimon characterized the US economy as historically prosperous but acknowledged challenges like inequality. He also critiqued the government's COVID-19 response.
March 2020: Emergency Heart Surgery
Dimon underwent emergency heart surgery in March 2020 to repair an acute aortic dissection.
April 2020: Return to Work After Surgery
Dimon returned to work remotely in April 2020 following his recovery from heart surgery, demonstrating resilience and dedication to his role.
2020: Criticism of Presidential Candidates and Call for Democratic Process Respect
During the 2020 elections, Dimon critiqued the lack of centrist candidates and advocated for respecting the democratic process and a peaceful transition of power.
2021: Condemnation of Capitol Attack and Response to Trump's Criticism
Dimon condemned the 2021 Capitol attack. In response to Trump's criticism of his company's China business, Dimon defended his actions.
2022: Dimon's 2022 Compensation
In fiscal year 2022, Jamie Dimon's compensation totaled $34.5 million.
May 2023: Dimon Testifies in Lawsuits Related to Jeffrey Epstein
In May 2023, Jamie Dimon provided sworn testimony in lawsuits against JPMorgan Chase concerning the bank's association with Jeffrey Epstein.
June 2023: Encouraged to Run for President
In June 2023, Bill Ackman encouraged Dimon to run for president in 2024. Dimon clarified that he had no plans to pursue public office, indicating his commitment to JP Morgan Chase.
November 2023: Preference for Nikki Haley
Dimon stated his preference for Nikki Haley over Donald Trump as the Republican presidential nominee in November 2023, revealing his political leanings.
February 2024: Forbes Estimates Dimon's Net Worth
As of February 2024, Forbes estimated Jamie Dimon's net worth to be $2 billion.
2024: No Plans for Presidential Run
Dimon reiterated his lack of interest in running for president in 2024, emphasizing his satisfaction with his current position.
2024: Expresses Presidential Preference
Dimon's preference for Haley in the 2024 election underscored his ongoing engagement with political developments.