Wells Fargo hiked its pay for CEO Charlie Scharf to $40 million – a roughly 28% jump – in 2025 as he helped the bank turn the page on several federal penalties and billions of dollars in fines. The ...
Wells Fargo CEO and President Charlie Scharf is set to receive a significant pay increase, with the bank's board of directors approving a total compensation package of $40 million for last year.
Wells Fargo & Co. boosted Chief Executive Officer Charlie Scharf’s pay by 28% to $40 million for 2025, the highest level for a top leader of the bank in decades as Scharf helped the firm emerge from a ...