Banking
Wells Fargo & Company Executive Compensation (FY25)
WFC · Executive and director compensation, fiscal 2023 to 2025
Data as of September 7, 2026Latest filing (8-K): April 30, 2026
221 figures on this page: 218 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Charles Scharf: $30,313,559 → $94,522,642 (211.8% higher)
CEO pay ratio: 378:1 → 1,152:1 (204.8% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Wells Fargo & Company's chief executive and what were they paid?
Charles Scharf was paid $94,522,642 in total compensation as Chairman and Chief Executive Officer for fiscal 2025. Scharf's total moved 211.8% higher from the $30,313,559 reported for fiscal 2024.
What was Wells Fargo & Company's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 65.5% of votes cast including abstentions in favor at the meeting held April 28, 2026.
Which companies are in Wells Fargo & Company's peer group?
The disclosed peer group names American Express, Bank of America, Barclays PLC, BNY and Citigroup Inc., among others.
What is Wells Fargo & Company's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 1,152:1, against median employee compensation of $82,044.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Charles Scharf Chairman and CEO | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Michael Santomassimo Senior EVP, Chief Financial Officer | ◇ | — | ◇ | ◇ | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Charles Scharf CEO and President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fernando Rivas Senior EVP, Co-CEO of CIB | ◇ | ◇ | ◇ | — | ◇ | — | — | ◇ |
Bridget Engle Senior EVP, Head of Technology | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Jonathan Weiss Senior EVP, Co-CEO of CIB | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Michael Santomassimo Senior EVP, CFO | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Charles Scharf Chairman and Chief Executive Officer | ◇ | ◇ | ◇ | ◇ | — | — | ◇ | ◇ |
Fernando Rivas Senior EVP, CEO of Corporate and Investment Banking | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Michael Santomassimo Senior EVP, Chief Financial Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Kleber Santos Senior EVP, Co-CEO of Consumer Banking and Lending | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Ellen Patterson Senior EVP, General Counsel | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Charles Scharf | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Charles Scharf | OPTION | ◇ | — | — | ◇ | — | ◇ | ◇ |
| Charles Scharf | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Charles Scharf | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Ellen Patterson | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Ellen Patterson | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Fernando Rivas | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Fernando Rivas | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Kleber Santos | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Kleber Santos | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
| Michael Santomassimo | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Michael Santomassimo | PSU | ◇ | — | ◇ | — | ◇ | — | ◇ |
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Ellen Patterson | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Michael Santomassimo | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Charles Scharf | Option | ◇ | — | ◇ | 7/29/2035 |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Kleber Santos | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Fernando Rivas | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Steven D. Black Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Maria R. Morris | ◇ | ◇ | — | — | — | — | ◇ |
Theodore F. Craver, Jr | ◇ | ◇ | — | — | — | — | ◇ |
Ronald L. Sargent | ◇ | ◇ | — | — | — | — | ◇ |
Richard K. Davis | ◇ | ◇ | — | — | — | — | ◇ |
Wayne M. Hewett | ◇ | ◇ | — | — | — | — | ◇ |
Fabian T. Garcia | ◇ | ◇ | — | — | — | ◇ | ◇ |
Mark A. Chancy | ◇ | ◇ | — | — | — | — | ◇ |
CeCelia G. Morken | ◇ | ◇ | — | — | — | — | ◇ |
Celeste A. Clark | ◇ | ◇ | — | — | — | — | ◇ |
Suzanne M. Vautrinot | ◇ | ◇ | — | — | — | — | ◇ |
Felicia F. Norwood | ◇ | ◇ | — | — | — | — | ◇ |
Charles W. Scharf served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Stock ownership guideline: 5x annual cash retainer ($550,000)
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
- American Express AXP
- Bank of America BAC
- Barclays PLC BCS
- BNY BNY
- Citigroup Inc. C
- Goldman Sachs GS
- HSBC Holdings plc HSBC
- JPMorgan Chase JPM
- Morgan Stanley MS
- PNC PNC
- State Street STT
- UBS Group AG UBS
- US Bancorp USB
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | April 28, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | April 29, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | April 30, 2024 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Wells Fargo & Company disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Wells Fargo & Company sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceSay-on-pay responsiveness
Wells Fargo & Company recorded a low support level. The responsiveness analysis covers what the company said it would do, what it did, and how that compares with the companies that recovered their vote.
Responsiveness analysisAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
221 figures on this page: 218 cited to the filing that reported them, 3 calculated from figures it prints.
218 cited to the filing
3 calculated from the filing
Documents cited
- 0000072971-26-000227Item 5.07 Submission of Matters to a Vote of Security Holders
- 0000072971-26-0002002025 Director Compensation Table · 2025 Grants of Plan-Based Awards · 2025 Summary Compensation Table · CEO Pay Ratio · and 3 more sections
- 0000072971-25-000139
- 0000072971-25-0000902024 Summary Compensation Table
- 0000072971-24-000130Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Wells Fargo & Company executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/WFC (accessed 2026).
Short form: data: Velarion
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Peers Wells Fargo & Company discloses
The companies named in WFC's own disclosed peer group.
Terms on this page
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}