CEO · WFC
Charlie Scharf
CEO$Executive Intelligence

Charlie Scharf

CEO · Wells Fargo WFC
$94.5M
FY2025 total compensation
Filed · DEF 14A

Wells Fargo’s CEO since 2019, a Jamie Dimon protégé brought in to clean up the bank after its accounts scandal — rewarded in 2025 when regulators finally lifted its asset cap.

CEO since2019
Born1965
Pay rank#4 of 50 tracked

Pay vs performance

what happened while he earned it
CEO compensation$94.5M
Stock · since 2024+43.9%
S&P 500 · since 2024+38.4%
Revenue · YoY-1.6%
EPS · YoY+16.6%
CEO tenure7 yrs

No score, no opinion. Compensation is filed; stock and S&P are market returns over the window shown; revenue and EPS are latest reported vs the prior year. You decide.

Why this pay?

  • His fiscal 2025 pay jumped to $94.5 million — roughly triple prior years — driven by a special one-time $30 million option award and elevated stock grants tied to the asset-cap removal. That SCT figure is very different from the ~$40 million "pay decision" Wells Fargo publicized, which is a board target rather than the proxy’s grant-date total.

Quick facts

CEO since2019
PreviouslyBNY Mellon
Largest pay componentStock & options · 87%
Pay rank (tracked)#4 of 50
EducationJohns Hopkins University (BA); NYU Stern (MBA)

Compensation breakdown

DEF 14A
total · FY2025$94,522,642
Salary$2,500,000
Bonus$9,375,000
Stock awards$51,938,278
Option awards$29,988,820
All other comp$720,544
Total$94,522,642

The special ~$30M option award plus elevated stock, tied to the 2025 removal of the Fed asset cap, roughly tripled his pay. The "$40M for 2025" headline is a board pay-decision target, not the SCT. Source: Wells Fargo 2026 Proxy (FY2025)

Compensation history

salary + cash vs stock, from the proxies
$94.5MFY2025
Stock & optionsSalary & cashOther· prior years n/a

Related intelligence

every filing on Wells Fargo, one hop away

Career

2019-presentCEO · Wells Fargo
2017-2019Chairman & CEO · BNY Mellon
2012-2016CEO · Visa

Compare pay with

Every figure ties to a filing. Compensation is the total from Wells Fargo's Summary Compensation Table for FY2025(grant-date values, which can differ from what an executive realizes when awards vest). We publish what the filings say, and we don't grade people. Photo: C-SPAN / CC0 / Wikimedia Commons.