Wells Fargo & Company

NYSE:WFC.PRA Stock Report

Market Cap: US$213.7b

Wells Fargo Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

Charlie Scharf

Chief executive officer

US$26.0m

Total compensation

CEO salary percentage9.6%
CEO tenure5yrs
CEO ownership0.02%
Management average tenure4.3yrs
Board average tenure13.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Charlie Scharf's remuneration changed compared to Wells Fargo's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$17b

Jun 30 2024n/an/a

US$18b

Mar 31 2024n/an/a

US$18b

Dec 31 2023US$26mUS$3m

US$18b

Sep 30 2023n/an/a

US$17b

Jun 30 2023n/an/a

US$16b

Mar 31 2023n/an/a

US$14b

Dec 31 2022US$25mUS$3m

US$13b

Sep 30 2022n/an/a

US$15b

Jun 30 2022n/an/a

US$17b

Mar 31 2022n/an/a

US$20b

Dec 31 2021US$21mUS$3m

US$21b

Sep 30 2021n/an/a

US$18b

Jun 30 2021n/an/a

US$16b

Mar 31 2021n/an/a

US$6b

Dec 31 2020US$20mUS$3m

US$2b

Sep 30 2020n/an/a

US$2b

Jun 30 2020n/an/a

US$3b

Mar 31 2020n/an/a

US$13b

Dec 31 2019US$36mUS$498k

US$18b

Compensation vs Market: Charlie's total compensation ($USD25.97M) is above average for companies of similar size in the US market ($USD12.96M).

Compensation vs Earnings: Charlie's compensation has been consistent with company performance over the past year.


CEO

Charlie Scharf (59 yo)

5yrs

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

NamePositionTenureCompensationOwnership
Charles Scharf
President5yrsUS$25.97m0.024%
$ 51.1m
Michael Santomassimo
Senior EVP & CFO4yrsUS$12.45m0.0092%
$ 19.7m
Scott Powell
Senior EVP & COO4.8yrsUS$10.40m0.0073%
$ 15.7m
Jonathan Weiss
Senior EVP and Co-CEO of Corporate & Investment Bankingless than a yearUS$14.62m0.011%
$ 24.1m
Barry Sommers
Senior EVP and CEO of Wealth & Investment Management4.3yrsUS$10.25m0.0025%
$ 5.3m
Bridget Engle
Senior EVP & Head of Technologyless than a yearno datano data
David Owen
Chief Administrative Officer & Head of Global Operations4.3yrsno datano data
John Campbell
Director of Investor Relationsno datano datano data
Ellen Patterson
Senior EVP & General Counsel4.6yrsno data0.0042%
$ 8.9m
Amy Bonitatibus
Chief Communications & Brand Officer2.1yrsno datano data
Bei Ling
Senior EVP & Head of Human Resources3yrsno data0.0013%
$ 2.8m
Chris Hammond
Senior Vice President16.8yrsno datano data

4.3yrs

Average Tenure

56.5yo

Average Age

Experienced Management: WFC.PRA's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Charles Scharf
President5yrsUS$25.97m0.024%
$ 51.1m
Steven Black
Independent Chairman4.5yrsUS$590.02k0%
$ 0
Ronald Sargent
Independent Director7.7yrsUS$390.02k0.00054%
$ 1.2m
Theodore Craver
Independent Director6.8yrsUS$400.02k0.00099%
$ 2.1m
Wayne Hewett
Independent Director5.8yrsUS$365.02k0%
$ 0
Bettina von Hagen
Member of Environmental Advisory Board18.6yrsno datano data
Charles Kennel
Member of Environmental Advisory Board18.6yrsno datano data
Randall LaBauve
Member of Environmental Advisory Board18.6yrsno datano data
David Hudnall
Member of Environmental Advisory Board18.6yrsno datano data
Forescee Hogan-Rowles
Member of Environmental Advisory Board18.6yrsno datano data
Jean Pogge
Member of Environmental Advisory Board18.6yrsno datano data
Maria Morris
Independent Director6.8yrsUS$410.02k0.00013%
$ 277.9k

13.1yrs

Average Tenure

64.5yo

Average Age

Experienced Board: WFC.PRA's board of directors are seasoned and experienced ( 13.1 years average tenure).