Wells Fargo Management
Management criteria checks 3/4
Wells Fargo's CEO is Charlie Scharf, appointed in Oct 2019, has a tenure of 4.58 years. total yearly compensation is $25.97M, comprised of 9.6% salary and 90.4% bonuses, including company stock and options. directly owns 0.023% of the company’s shares, worth CHF45.02M. The average tenure of the management team and the board of directors is 3.6 years and 12.7 years respectively.
Key information
Charlie Scharf
Chief executive officer
US$26.0m
Total compensation
CEO salary percentage | 9.6% |
CEO tenure | 4.6yrs |
CEO ownership | 0.02% |
Management average tenure | 3.6yrs |
Board average tenure | 12.7yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Mar 31 2024 | n/a | n/a | US$18b |
Dec 31 2023 | US$26m | US$3m | US$18b |
Sep 30 2023 | n/a | n/a | US$17b |
Jun 30 2023 | n/a | n/a | US$15b |
Mar 31 2023 | n/a | n/a | US$14b |
Dec 31 2022 | US$25m | US$3m | US$13b |
Sep 30 2022 | n/a | n/a | US$15b |
Jun 30 2022 | n/a | n/a | US$17b |
Mar 31 2022 | n/a | n/a | US$20b |
Dec 31 2021 | US$21m | US$3m | US$21b |
Sep 30 2021 | n/a | n/a | US$18b |
Jun 30 2021 | n/a | n/a | US$16b |
Mar 31 2021 | n/a | n/a | US$6b |
Dec 31 2020 | US$20m | US$3m | US$2b |
Sep 30 2020 | n/a | n/a | US$2b |
Jun 30 2020 | n/a | n/a | US$3b |
Mar 31 2020 | n/a | n/a | US$13b |
Dec 31 2019 | US$36m | US$498k | US$18b |
Compensation vs Market: Charlie's total compensation ($USD25.97M) is above average for companies of similar size in the Swiss market ($USD5.86M).
Compensation vs Earnings: Charlie's compensation has been consistent with company performance over the past year.
CEO
Charlie Scharf (58 yo)
4.6yrs
Tenure
US$25,966,198
Compensation
Mr. Charles W. Scharf, also known as Charlie, has been the Chief Executive Officer, President and Director of Wells Fargo & Company since October 21, 2019. Mr. Scharf serves as Director of Visa Internation...
Leadership Team
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 4.6yrs | US$25.97m | 0.023% $ 45.0m | |
Senior EVP & CFO | 3.6yrs | US$12.45m | 0.0089% $ 17.4m | |
Senior EVP & COO | 4.4yrs | US$10.40m | 0.0070% $ 13.8m | |
Senior EVP and Co-CEO of Corporate & Investment Banking | no data | US$14.62m | 0.011% $ 21.2m | |
Senior EVP and CEO of Wealth & Investment Management | 3.9yrs | US$10.25m | 0.0024% $ 4.7m | |
Senior EVP & Head of Technology | less than a year | no data | 0.00053% $ 1.0m | |
Chief Administrative Officer & Head of Global Operations | 3.9yrs | no data | no data | |
Director of Investor Relations | no data | no data | no data | |
Senior EVP & General Counsel | 4.2yrs | no data | 0.0040% $ 7.8m | |
Chief Compliance Officer | 3.6yrs | no data | no data | |
Chief Communications & Brand Officer | 1.7yrs | no data | no data | |
Senior EVP & Head of Human Resources | 2.6yrs | no data | 0.0013% $ 2.5m |
3.6yrs
Average Tenure
53yo
Average Age
Experienced Management: WFC's management team is considered experienced (3.6 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 4.6yrs | US$25.97m | 0.023% $ 45.0m | |
Independent Chairman | 4.1yrs | US$590.02k | 0% $ 0 | |
Independent Director | 7.3yrs | US$390.02k | 0.00052% $ 1.0m | |
Independent Director | 6.3yrs | US$400.02k | 0.00095% $ 1.9m | |
Independent Director | 5.3yrs | US$365.02k | 0% $ 0 | |
Member of Environmental Advisory Board | 18.2yrs | no data | no data | |
Member of Environmental Advisory Board | 18.2yrs | no data | no data | |
Member of Environmental Advisory Board | 18.2yrs | no data | no data | |
Member of Environmental Advisory Board | 18.2yrs | no data | no data | |
Member of Environmental Advisory Board | 18.2yrs | no data | no data | |
Member of Environmental Advisory Board | 18.2yrs | no data | no data | |
Independent Director | 6.3yrs | US$410.02k | 0.00012% $ 235.4k |
12.7yrs
Average Tenure
63.5yo
Average Age
Experienced Board: WFC's board of directors are seasoned and experienced ( 12.7 years average tenure).