The estimated Net Worth of Charles W Scharf is at least $86.9 Million dollars as of 5 March 2024. Mr. Scharf owns over 316,864 units of Wells Fargo & Co stock worth over $52,381,001 and over the last 17 years he sold WFC stock worth over $247,675. In addition, he makes $34,286,600 as President, Chief Executive Officer, and Director at Wells Fargo & Co.
Charles has made over 14 trades of the Wells Fargo & Co stock since 2015, according to the Form 4 filled with the SEC. Most recently he exercised 316,864 units of WFC stock worth $17,025,103 on 5 March 2024.
The largest trade he's ever made was exercising 772,912 units of Wells Fargo & Co stock on 28 October 2016 worth over $30,955,126. On average, Charles trades about 33,586 units every 44 days since 2008. As of 5 March 2024 he still owns at least 974,893 units of Wells Fargo & Co stock.
You can see the complete history of Mr. Scharf stock trades at the bottom of the page.
Charles W. Scharf serves as President, Chief Executive Officer, Director of the Company. Mr. Scharf has served as our Company’s President and Chief Executive Officer, and as a director since October 2019. He served as Chief Executive Officer of The Bank of New York Mellon Corporation, New York, New York, from July 2017, and as chairman from January 2018 to September 2019. Mr. Scharf was the Chief Executive Officer and a director of Visa Inc., San Francisco, California (digital commerce), from November 2012 to December 2016. Prior to joining Visa Inc., he served in several senior positions at JPMorgan Chase & Co. and Citigroup Inc., and their predecessors. Mr. Scharf was formerly a director of The Bank of New York Mellon Corporation and Visa Inc. Mr. Scharf has a Bachelor of Arts degree from Johns Hopkins University and a M.B.A. from New York University.
As the President, Chief Executive Officer, and Director of Wells Fargo & Co, the total compensation of Charles Scharf at Wells Fargo & Co is $34,286,600. There are no executives at Wells Fargo & Co getting paid more.
Charles Scharf is 55, he's been the President, Chief Executive Officer, and Director of Wells Fargo & Co since 2019. There are 20 older and 8 younger executives at Wells Fargo & Co. The oldest executive at Wells Fargo & Co. is Richard Payne, 72, who is the Independent Director.
Over the last 8 years, insiders at Wells Fargo & Co have traded over $39,815,988 worth of Wells Fargo & Co stock and bought 216,855 units worth $6,665,907 . The most active insiders traders include Richard K Davis, John S Chen, and Charles W Scharf. On average, Wells Fargo & Co executives and independent directors trade stock every 12 days with the average trade being worth of $2,625,893. The most recent stock trade was executed by Tracy M Kerrins on 15 March 2024, trading 5,955 units of WFC stock currently worth $319,962.
Wells Fargo & Company is an American multinational financial services company with a significant global presence. The company operates in 35 countries and serves over 70 million customers worldwide.
Wells Fargo & Co executives and other stock owners filed with the SEC include: