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 $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 $46.10M. 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$26.0m
Total compensation
CEO salary percentage | 9.6% |
CEO tenure | 4.4yrs |
CEO ownership | 0.02% |
Management average tenure | 3.8yrs |
Board average tenure | 12.5yrs |
Recent management updates
Recent updates
Comparing Wells Fargo Series CC And DD Preferred Stocks
Mar 16Wells Fargo: A 6.2% Preferred Dividend Yield While Waiting For Decreasing Rates
Feb 03Wells Fargo: Not Much To Be Excited About
Jan 26Wells Fargo: Looking Even Uglier Under The Hood
Jan 19Wells Fargo Q4 Earnings Reinforce The Bullish Outlook
Jan 12Wells Fargo's Fiscal Q4 Earnings Will Offer An Insight Into 2024
Jan 02Wells Fargo: Value Investors Say 'Thank You', Mr. Market
Nov 29If EPS Growth Is Important To You, Wells Fargo (NYSE:WFC) Presents An Opportunity
Nov 24Wells Fargo: I Started To Buy The 6.8% Yielding Preferred Shares
Nov 18Wells Fargo Q3: Risks Are Growing (Rating Downgrade)
Oct 23Bullish On Wells Fargo Stock Ahead Of Q3 Earnings
Oct 11Wells Fargo: A Solid Sell Setup In Place
Oct 03Wells Fargo Has The Makings Of A Cheap, Safe Dividend Monster
Sep 26Wells Fargo: The 6.5% Yielding Preferred Shares Are Attractive
Sep 17CEO Compensation Analysis
Date | Total Compensation | Salary | Company Earnings |
---|---|---|---|
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$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$18b |
Compensation vs Market: Charlie's total compensation ($USD25.97M) is above average for companies of similar size in the US market ($USD12.45M).
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$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 | 4.4yrs | US$25.97m | 0.023% $ 46.1m | |
Senior EVP & CFO | 3.4yrs | US$12.45m | 0.0087% $ 17.8m | |
Senior EVP & COO | 4.3yrs | US$10.40m | 0.0069% $ 14.2m | |
Senior EVP and CEO of Corporate & Investment Banking | 6.7yrs | US$14.62m | 0.011% $ 21.7m | |
Senior EVP and CEO of Wealth & Investment Management | 3.8yrs | US$10.25m | 0.0024% $ 4.8m | |
Senior EVP & Head of Technology | less than a year | no data | 0.00052% $ 1.1m | |
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 |
3.8yrs
Average Tenure
53yo
Average Age
Experienced Management: WFC's management team is considered experienced (3.8 years average tenure).
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
President | 4.4yrs | US$25.97m | 0.023% $ 46.1m | |
Independent Chairman | 3.9yrs | US$599.77k | 0% $ 0 | |
Independent Director | 7.1yrs | US$390.02k | 0.00051% $ 1.0m | |
Independent Director | 6.2yrs | US$400.02k | 0.00094% $ 1.9m | |
Independent Director | 5.2yrs | US$365.02k | 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% $ 244.8k |
12.5yrs
Average Tenure
63.5yo
Average Age
Experienced Board: WFC's board of directors are seasoned and experienced ( 12.5 years average tenure).