Wells Fargo Board OKs $40 Million Pay Package for CEO Charlie Scharf for 2025
Wells Fargo's independent directors have approved a $40 million compensation package for Chairman and CEO Charlie Scharf for the 2025 performance year. The award combines a $2.5 million base salary with $37.5 million in variable pay, split between cash and long-term equity, and follows the Board's review of corporate and individual results.