In 2019, Timothy J. Sloan earned $1.57M in total compensation at Wells Fargo & Company, primarily from $1.57M salary. Most recently acquired 39,000 shares in Apr 2017. Currently holds stock worth $99.43M. Has donated $13.63M in stock to charitable causes. Led Wells Fargo & Company as CEO for 2 years.
Compensation History
Annual executive compensation data for Timothy J. Sloan, including salary, bonuses, and stock awards.
Year
2019
Total Compensation
$1.57M
Salary
$1.57M
Bonus
$0.00
Other
$0.00
Salary
$1.57MBoard Justification
The compensation philosophy emphasizes pay for performance, aligning executive compensation with the Company's performance and risk management objectives.
Bonus
$0.00Board Justification
Mr. Sloan did not receive any annual incentive for 2019 due to the Company's performance and his resignation as CEO in March 2019.
Other Compensation
$0.00Board Justification
Mr. Sloan did not receive any other compensation in 2019.
Restricted Stock
Board Justification
Mr. Sloan's Performance Share award granted in February 2019 was canceled following the completion of the compensation process for 2019 performance.
Performance Metrics
The performance metrics for determining Mr. Sloan's compensation included the Company's overall financial performance, individual performance, and risk management outcomes.
Timothy J. Sloan
Ex-CEO of Wells Fargo & Company
Education
N/A
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
January 1, 1960 - 65 years ago
CEO of Wells Fargo & Company for
2 years 5 months (Oct 2016 - Mar 2019)
Previous Experience
Senior Executive Vice President, Chief Financial Officer, Chief Administrative Officer, and head of Wholesale Banking at Wells Fargo.
Holdings
Track Timothy J. Sloan's stock holdings and portfolio value over time.
Total Stock Sold
$16.80M
$16.80M
334,500 WFC shares
What if they kept their stock?
If Timothy J. Sloan didn't sell their stock, today they would have:
Extra WFC334,500 shares worth $30.05M.
This is 78.89% and $13.25M more than what they got when they sold the stock.
Charitable Transactions
151,740 shares
WFC
Recent Charitable Transactions
7,544 shares
WFC
Mar 5, 2019
Charity
6,805 shares
WFC
Dec 31, 2018
Charity
105,487 shares
WFC
May 11, 2018
Charity
15,312 shares
WFC
Jun 5, 2017
Charity
8,841 shares
WFC
Jul 22, 2016
Charity
7,751 shares
WFC
Jun 3, 2015
Charity
Insider Trading
Timothy J. Sloan's recent stock transactions, purchases, and sales filed with the SEC.
7,544 shares
WFC
Mar 5, 2019
Charity
6,805 shares
WFC
Dec 31, 2018
Charity
105,487 shares
WFC
May 11, 2018
Charity
92,507 shares
WFC
May 11, 2018
Charity
15,312 shares
WFC
Jun 5, 2017
Charity
$2.01M
WFC at $51.65/share
Apr 17, 2017
Purchase
$1.00M
WFC at $48.92/share
Aug 8, 2016
Sale
5,250 shares
CRC
Aug 2, 2016
Received
8,841 shares
WFC
Jul 22, 2016
Charity
32,813 shares
CRC
May 27, 2016
Received
Rivals
Compare Timothy J. Sloan with competitor CEOs and industry peers.
David M. Solomon
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2024 Compensation
Stock
$23.70M
Salary
$2.00M
Bonus
$8.33M
Other
$1.13M
Total Holdings
$80.00M
Ed Bastian
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$19.03M
Salary
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Bonus
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William S. Demchak
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2023 Compensation
Stock
$11.60M
Salary
$1.20M
Bonus
$4.41M
Other
$797.60K
Total Holdings
$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
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