Charles W. Scharf received $30.3M in total compensation as CEO and President of WELLS FARGO & COMPANY/MN in FY2024. The largest component was $20.4M in stock awards. That’s up 17% from FY2023. Source: SEC DEF 14A.
Executive Compensation Summary for WELLS FARGO & COMPANY/MN
Charles W. Scharf Salary and Compensation - WELLS FARGO & COMPANY/MN CEO Pay 2024
In fiscal year 2024, Charles W. Scharf, CEO and President of WELLS FARGO & COMPANY/MN (WFC), received total compensation of $30.3 million.
Charles W. Scharf's compensation breakdown includes: base salary of $2.5 million, stock awards valued at $20.4 million, non-equity incentive compensation of $7.2 million, and other compensation of $263K.
Compared to fiscal year 2023, Charles W. Scharf's total compensation increased 17% from $26.0 million to $30.3 million.
WELLS FARGO & COMPANY/MN (WFC) Executive Pay 2024
WELLS FARGO & COMPANY/MN's top 5 named executive officers received combined total compensation of $107.9 million in fiscal year 2024.
The named executive officers disclosed in WELLS FARGO & COMPANY/MN's 2024 proxy statement are:Charles W. Scharf (CEO and President) with total compensation of $30.3 million, Fernando S Rivas (Senior EVP, Co-CEO of CIB) with total compensation of $26.8 million, Jonathan G. Weiss (Senior EVP, Co-CEO of CIB) with total compensation of $15.1 million, Bridget E. Engle (Senior EVP, Head of Technology) with total compensation of $22.1 million, and Michael P. Santomassimo (Senior EVP, CFO) with total compensation of $13.5 million.