Wells Fargo Management
Management criteria checks 3/4
Wells Fargo's CEO is Charlie Scharf, appointed in Oct 2019, has a tenure of 4.42 years. total yearly compensation is $24.64M, comprised of 10.1% salary and 89.9% bonuses, including company stock and options. directly owns 0.022% of the company’s shares, worth $45.91M. The average tenure of the management team and the board of directors is 3.8 years and 12.5 years respectively.
Key information
Charlie Scharf
Chief executive officer
US$24.6m
Total compensation
CEO salary percentage | 10.1% |
CEO tenure | 4.4yrs |
CEO ownership | 0.02% |
Management average tenure | 3.8yrs |
Board average tenure | 12.5yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
Dec 31 2023 | n/a | n/a | 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$13b |
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$18b |
Compensation vs Market: Charlie's total compensation ($USD24.64M) is above average for companies of similar size in the US market ($USD12.10M).
Compensation vs Earnings: Charlie's compensation has been consistent with company performance over the past year.
CEO
Charlie Scharf (58 yo)
4.4yrs
Tenure
US$24,642,526
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 | 4.4yrs | US$24.64m | 0.022% $ 45.9m | |
Senior EVP & CFO | 3.4yrs | US$12.81m | 0.0086% $ 17.7m | |
Senior EVP & COO | 4.3yrs | US$10.45m | 0.0069% $ 14.1m | |
Senior EVP and CEO of Corporate & Investment Banking | 6.7yrs | US$13.84m | 0.011% $ 21.6m | |
Senior EVP & Head of Technology | less than a year | no data | 0.00042% $ 862.0k | |
Chief Administrative Officer & Head of Global Operations | 3.8yrs | no data | no data | |
Director of Investor Relations | no data | no data | no data | |
Senior EVP & General Counsel | 4yrs | no data | 0.0039% $ 8.0m | |
Chief Compliance Officer | 3.4yrs | no data | no data | |
Chief Communications & Brand Officer | 1.5yrs | no data | no data | |
Senior EVP & Head of Human Resources | 2.4yrs | no data | 0.0012% $ 2.5m | |
Senior Vice President | 16.3yrs | no data | no data |
3.8yrs
Average Tenure
55yo
Average Age
Experienced Management: WFC.PRR's management team is considered experienced (3.8 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 4.4yrs | US$24.64m | 0.022% $ 45.9m | |
Independent Chairman | 3.9yrs | US$599.77k | 0% $ 0 | |
Independent Director | 7.1yrs | US$397.52k | 0.00051% $ 1.0m | |
Independent Director | 6.2yrs | US$411.27k | 0.00093% $ 1.9m | |
Independent Director | 5.2yrs | US$380.77k | 0% $ 0 | |
Member of Environmental Advisory Board | 18yrs | no data | no data | |
Member of Environmental Advisory Board | 18yrs | no data | no data | |
Member of Environmental Advisory Board | 18yrs | no data | no data | |
Member of Environmental Advisory Board | 18yrs | no data | no data | |
Member of Environmental Advisory Board | 18yrs | no data | no data | |
Member of Environmental Advisory Board | 18yrs | no data | no data | |
Independent Director | 6.2yrs | US$425.02k | 0.00012% $ 246.3k |
12.5yrs
Average Tenure
63.5yo
Average Age
Experienced Board: WFC.PRR's board of directors are seasoned and experienced ( 12.5 years average tenure).