In 2023, Charles W. Scharf earned $9.33M in total compensation at Wells Fargo & Company, including $2.50M salary and $6.63M bonus. Most recently acquired 146 shares in Sep 2024. Currently holds stock worth $257.82M. 6+ years at the helm of Wells Fargo & Company.
Compensation History
Annual executive compensation data for Charles W. Scharf, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$9.33M
Salary
$2.50M
Bonus
$6.63M
Other
$207.03K
Salary
$2.50MBoard Justification
The compensation philosophy emphasizes pay for performance, effective risk management, and talent retention, aligning executive compensation with company performance and shareholder interests.
Bonus
$6.63MBoard Justification
Annual cash bonus based on performance metrics for the year 2023.
Other Compensation
$207.03KBoard Justification
Other compensation includes security measures and benefits related to the CEO's role.
Restricted Stock
Board Justification
No stock was vested in 2023 as the focus is on performance share awards that vest after a three-year performance period.
Performance Metrics
Performance metrics include financial results, risk management effectiveness, and progress on strategic initiatives.
Charles W. Scharf
CEO of Wells Fargo & Company
Education
N/A
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1964 - 61 years ago
CEO of Wells Fargo & Company for
6 years 1 month (Oct 2019 - Present)
Previous Experience
CEO of BNY Mellon, CEO of Visa Inc.
Other Wells Fargo & Company CEOs
Holdings
Track Charles W. Scharf's stock holdings and portfolio value over time.
Total Stock Sold
$63.55M
$63.55M
772,912 V shares
What if they kept their stock?
If Charles W. Scharf didn't sell their stock, today they would have:
Extra V772,912 shares worth $256.02M.
This is 302.87% and $192.47M more than what they got when they sold the stock.
Insider Trading
Charles W. Scharf's recent stock transactions, purchases, and sales filed with the SEC.
146 shares
MSFT
Sep 6, 2024
Received
138 shares
MSFT
Jun 7, 2024
Received
148 shares
MSFT
Jan 31, 2024
Received
159 shares
MSFT
Dec 6, 2023
Received
175 shares
MSFT
Sep 13, 2023
Received
175 shares
MSFT
Jun 13, 2023
Received
237 shares
MSFT
Jan 31, 2023
Received
233 shares
MSFT
Dec 12, 2022
Received
223 shares
MSFT
Aug 30, 2022
Received
215 shares
MSFT
May 31, 2022
Received
Rivals
Compare Charles W. Scharf with competitor CEOs and industry peers.
David M. Solomon
CEO of Goldman Sachs Group
2024 Compensation
Stock
$23.70M
Salary
$2.00M
Bonus
$8.33M
Other
$1.13M
Total Holdings
$80.00M
Ed Bastian
CEO of Delta Air Lines
2023 Compensation
Stock
$19.03M
Salary
$950.00K
Bonus
$9.60M
Other
$371.18K
Total Holdings
$136.07M
William S. Demchak
CEO of PNC Financial Services
2023 Compensation
Stock
$11.60M
Salary
$1.20M
Bonus
$4.41M
Other
$797.60K
Total Holdings
$469.09K
Jamie Dimon
CEO of JPMorgan Chase
2024 Compensation
Stock
$57.26M
Salary
$1.50M
Bonus
$5.00M
Other
$0.00
Total Holdings
$40.88M
Sir Andrew P. Witty
CEO of UnitedHealth Group
2024 Compensation
Stock
$13.09M
Salary
$1.50M
Bonus
$0.00
Other
$339.10K
Total Holdings
$47.23M
Jane Fraser
CEO of Citigroup
2023 Compensation
Stock
$0.00
Salary
$1.50M
Bonus
$3.68M
Other
$19.80K
Total Holdings
$30.04M