In 2016, John G. Stumpf earned $2.15M in total compensation at Wells Fargo & Company, primarily from $2.07M salary. Most recently acquired 2,245 shares in May 2016. Currently holds stock worth $159.52M. Has donated $273.04M in stock to charitable causes. Led Wells Fargo & Company as CEO for 9 years.
Compensation History
Annual executive compensation data for John G. Stumpf, including salary, bonuses, and stock awards.
Year
2016
Total Compensation
$2.15M
Salary
$2.07M
Bonus
$0.00
Other
$83.65K
Salary
$2.07MBoard Justification
The compensation philosophy emphasizes accountability and aligns with company performance, with a focus on long-term, performance-based equity compensation.
Bonus
$0.00Board Justification
No annual incentive award was earned for 2016 due to the company's performance and accountability for retail banking sales practices issues.
Other Compensation
$83.65KBoard Justification
Includes a $45,000 filing fee and related legal fees in connection with a filing under the Hart Scott-Rodino Antitrust Improvements Act, and a small amount for car and driver services prior to retirement.
Restricted Stock
Board Justification
All Performance Shares and RSRs were forfeited effective September 27, 2016, due to the company's investigation into sales practices.
Performance Metrics
The performance metrics for determining compensation were based on overall company performance and accountability for operational and reputation risk.
John G. Stumpf
Ex-CEO of Wells Fargo & Company
Education
N/A
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
September 15, 1954 - 71 years ago
CEO of Wells Fargo & Company for
9 years 3 months (Jun 2007 - Oct 2016)
Previous Experience
Joined Wells Fargo in 1982, held various management positions including head of the Southwestern Banking Group and head of the Western Banking Group.
Other Wells Fargo & Company CEOs
Holdings
Track John G. Stumpf's stock holdings and portfolio value over time.
Total Stock Sold
$33.93M
$33.93M
697,197 WFC shares
What if they kept their stock?
If John G. Stumpf didn't sell their stock, today they would have:
Extra WFC697,197 shares worth $62.63M.
This is 84.57% and $28.70M more than what they got when they sold the stock.
Charitable Transactions
3,039,470 shares
WFC
Recent Charitable Transactions
323,339 shares
WFC
Dec 31, 2016
Charity
269,329 shares
WFC
Aug 8, 2016
Charity
278,661 shares
WFC
May 25, 2016
Charity
333,711 shares
WFC
Dec 11, 2015
Charity
50,000 shares
WFC
Dec 31, 2015
Charity
329,197 shares
WFC
Nov 6, 2014
Charity
Insider Trading
John G. Stumpf's recent stock transactions, purchases, and sales filed with the SEC.
323,339 shares
WFC
Dec 31, 2016
Charity
323,339 shares
WFC
Dec 31, 2016
Charity
269,329 shares
WFC
Aug 8, 2016
Charity
269,329 shares
WFC
Aug 8, 2016
Charity
2,245 shares
CVX
May 25, 2016
Received
278,661 shares
WFC
May 25, 2016
Charity
278,661 shares
WFC
May 25, 2016
Charity
$1.61M
WFC at $53.72/share
Dec 11, 2015
Sale
333,711 shares
WFC
Dec 11, 2015
Charity
Rivals
Compare John G. Stumpf with competitor CEOs and industry peers.
David M. Solomon
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$23.70M
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Bonus
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Other
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$80.00M
Ed Bastian
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$4.41M
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$797.60K
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$469.09K
Jamie Dimon
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2024 Compensation
Stock
$57.26M
Salary
$1.50M
Bonus
$5.00M
Other
$0.00
Total Holdings
$40.88M
Sir Andrew P. Witty
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2024 Compensation
Stock
$13.09M
Salary
$1.50M
Bonus
$0.00
Other
$339.10K
Total Holdings
$47.23M
Jane Fraser
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2023 Compensation
Stock
$0.00
Salary
$1.50M
Bonus
$3.68M
Other
$19.80K
Total Holdings
$30.04M