October 26, 2020
Wells Fargo Headquarters

Wells Fargo Board of Directors Compensations and Executives Salaries

Wells Fargo is a large financial services and banks in the US. It is one of the largest financial services companies in the United States. The company is headquartered in San Francisco, CA, United States of America. Wells Fargo CEO Tim Sloan earned US$18.4 million as total compensation, reports CNBC.  It is a 5% increase in his total compensation compared to 2017 fiscal year ended.

In this article, we have provided information about compensations of board of directors and executives salaries. So, let’s see!

Wells Fargo Headquarters
Wells Fargo Headquarters

Wells Fargo Board of Directors Compensation, Pay, and Salary 2018

A board member or commonly known as board of director earns good pay, salary and other compensation for his / her service to the company. Let’s see detailed view of compensation offered to each member in 2018.

John D. Baker II – Executive Chairman and CEO, FRP Holdings, Inc.

John D. Baker II earned total compensation US$350,004 including base salary paid in cash US$170,000, and stock rewards US$180,004.

John S. Chen – Chief Executive Officer of BlackBerry

John S. Chen earned total compensation US$37,542 including base salary paid in cash US$37,542, and stock rewards US$0.

Celeste A. Clark – External Relations and Chief Sustainability Officer, Kellogg Company

Celeste A. Clark earned total compensation US$363,056 including base salary paid in cash US$123,000, and stock rewards US$240,056.

Theodore F. Craver, Jr. – Retired Chairman, President and CEO, Edison International

Theodore F. Craver, Jr. earned total compensation US$403,598 including base salary paid in cash US$163,542, and stock rewards US$240,056

Lloyd H. Dean – President of Dignity Health Foundation

Lloyd H. Dean earned total compensation US$58,167 including base salary paid in cash US$58,167, and stock rewards US$0.

Elizabeth A. Duke – Former Member of Board of Governors of the Federal Reserve System of the United States

Elizabeth A. Duke total compensation US$631,004 including base salary paid in cash US$451,000, and stock rewards US$180,004.

Enrique Hernandez, Jr. – President and CEO of Inter-Con Security Systems, Inc

Enrique Hernandez, Jr. earned total compensation US$68,167 including base salary paid in cash US$68,167, and stock rewards US$0.

Donald M. James – Retired Chairman, Vulcan Materials Company

Donald M. James earned total compensation US$358,004 including base salary paid in cash US$178,000, and stock rewards US$180,004.

Maria R. Morris – Retired Executive Vice President and Head of Global Employee Benefits business, MetLife, Inc.

Maria R. Morris earned total compensation US$412,612 including base salary paid in cash US$172,556, and stock rewards US$240,056.

Karen B. Peetz – Former President of The Bank of New York Mellon

Karen B. Peetz earned total compensation US$395,754 including base salary paid in cash US$215,750, and stock rewards US$180,004.

Federico F. Peña – Ex-Denver Mayor

Federico F. Peña earned total compensation US$62,194 including base salary paid in cash US$62,194, and stock rewards US$0.

Juan A. Pujadas – Retired Principal, PricewaterhouseCoopers LLP

Juan A. Pujadas earned total compensation US$337,004 including base salary paid in cash US$157,000, and stock rewards US$180,004.

James H. Quigley – Chief Executive Officer of Deloitte Touche Tohmatsu

James H. Quigley earned total compensation US$417,004 including base salary paid in cash US$237,000, and stock rewards US$180,004.

Ronald L. Sargent – Retired Chairman and CEO, Staples, Inc.

Ronald L. Sargent earned total compensation US$359,157 including base salary paid in cash US$174,153, stock rewards US$180,004, and all other compensation US$5,000.

Suzanne M. Vautrinot – Major General and Commander, United States Air Force (retired)

Suzanne M. Vautrinot earned total compensation US$348,157 including base salary paid in cash US$168,153, and stock rewards US$180,004.

Wells Fargo Executive Salaries, Compensation and Salary 2018

In Wells Fargo, CEO Timothy J. Sloan received highest package for year ended 2018. Most of top level executives earned good pay salary at Wells Fargo Inc. Let’s see detailed salary structure.

Timothy J. Sloan – CEO and President (US$18.419 Million)

He earned US$4,400,000 as a base salary (cash salary). On the other hand, he earned equity rewards US$14,000,056 and other compensation US$19,250.

Avid Modjtabai – Sr. EVP, Payments, Virtual Solutions, and Innovation (US$10.369 Million)

He earned US$3,100,000 as a base salary (cash salary). On the other hand, he earned equity rewards US$7,250,013 and other compensation US$19,250.

John R. Shrewsberry – Sr. EVP, Chief Financial Officer (US$12.519 Million)

He earned US$3,250,000 as a base salary (cash salary). On the other hand, he earned equity rewards US$9,250,013 and other compensation US$19,250.

Perry G. Pelos – Sr. EVP, Wholesale Banking (US$8.976 Million)

He earned US$2,456,896 as a base salary (cash salary). On the other hand, he earned equity rewards US$6,500,028 and other compensation US$19,250.

Mary T. Mack – Sr. EVP, Consumer Banking (US$8.583 Million)

He earned US$3,063,793 as a base salary (cash salary). On the other hand, he earned equity rewards US$5,500,029 and other compensation US$19,250.

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Article first published on April 18, 2020.