UPDATE: Obama's Chief Of Staff Made $15.4 Million In Last Few Years At JP Morgan

President Barack Obama's chief of staff, William Daley, made $15.4 million in the last three years and sold public company stocks before heading to the White House.

In a financial disclosure released by the White House on Friday, Daley disclosed his earnings, pension benefits and bonuses while working for J.P Morgan Chase & Co. (JPM).

Daley, who had overseen J.P. Morgan's Midwestern operations before Obama tapped him in January to be his chief of staff, also disclosed stock holdings in General Mills Inc. (GIS) Goodrich Corp., (GR) Gilead Sciences Inc., (GILD), Intel Corp. (INTC) and a host of other companies.

The stock holdings are in a diversified set of companies from Internet firms, mining companies, food chains and financial institutions. The holdings are held in a trust owned by his wife, according to the disclosure form.

Before coming to the White House, Daley also sat on the boards of airplane-maker Boeing Co. (BA) and pharmaceutical firm Abbott Laboratories (ABT). A White House official said he has sold all J.P. Morgan, Boeing, Abbott and other shares he owns.

The assets from those sales he invested in diversified mutual funds, the official said.

The financial disclosure form shows Daley's salary in 2010 for J.P. Morgan was $675,000. His cash and stock bonus for 2009, paid in 2010, totaled about $3.9 million. His cash and stock bonus for 2010, paid in 2011, was $4.8 million. His pension plan, paid out in a lump sum, totaled about $6.7 million.

-By Jared A. Favole, Dow Jones Newswires; 202-862-9256; jared.favole@dowjones.com

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