Wells Fargo & Company CEO Charles Scharf's 2019 pay jumps 265% to $34M
Wells Fargo & Company reports 2019 executive compensation
By ExecPay News
Published: March 16, 2020
Wells Fargo & Company reported fiscal year 2019 executive compensation information on March 16, 2020.
In 2019, seven executives at Wells Fargo & Company received on average a compensation package of $15M, a 27% increase compared to previous year.
Charles W. Scharf, Chief Executive Officer, received $34M in total. 84% of Scharf's compensation, or $29M, was in stock awards. Scharf also received $5M in bonus and $498K in salary.
Timothy J. Sloan, Chief Executive Officer, received a compensation package of $17M, which decreased by 9% compared to previous year. 90% of the compensation package, or $15M, was in stock awards.
John R. Shrewsberry, Chief Financial Officer, earned $12M in 2019, a 1% decrease compared to previous year.
Mary T. Mack, Chief Executive Officer, received $11M in 2019, which increases by 22% compared to 2018.
Perry G. Pelos, Chief Executive Officer, earned $10M in 2019, a 16% increase compared to previous year.
Saul Van Beurden, Sr. EVP and Head of Technology, received $10M in 2019.
C. Allen Parker, Chief Executive Officer, earned $9.6M in 2019.
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