https://stocks.apple.com/ABsfg-FxQTR2Dae248c7Arw
27 replies (most recent on top)
Legalized white collar blood money...
@ce
Actually it's a pat on the back from the board. He is doing exactly what they want.
People need to quit acting like this is something personal. You are owed nothing. And if you don't like the company, leave. It's pretty simple really.
@a7 And we recently got tuition increases of 3.75-4% for 3 kids in private school
This is exactly what happens when a CEO is permitted by the board to anoint himself the Chairman. He is slowly getting ready to pull the cord. But not before he can milk it all, as long as possible. Once the chute is descending slowly toward WPB, he will look around the fiery rain of fragments, with disdain and scorn, and understated glee, and joy and satisfaction, at a job well done. For this — THIS — is reward enough.
@aj this has me laughing! Yea he mustve been at below the threshold. What a joke and slap in the face for his employees. Never been so disappointed to work for this company. Congratulations on all your hard work that your employees busted their as--s for
The $40m pay package is in addition to the $30m one-time stock award he received in June. So, Charlie's pay for 2025 is over $70 million.
Feels great when I got a 0% raise because I'm already considered 'well compensated'. With inflation, I'm making less than I did 2 years ago but I'm also now required to commute in 4 days a week and sit for a mandatory 8 hours. They really, really want us to quit so they don't have to pay severance. This place su-ks.
There's a man who would be better off with a cup of cesium isotope.
What a slap in the face to all the employees
Would you really expect anything different in today's corp world?
I wouldn't be as annoyed with executive pay if WF had shared the wealth of their banner year of profits with everyone. Clearly the company did well in 2025- and we all contributed.
But as mentioned, we were all pressed hard to meet the distribution of ratings, reduce pay increases and hold the line on meager budgets. Most people ended up flat or with even less total pay than last year. No one got a 28% jump.
Always watch what people do, not what they say. Living the well life?
Shameless!
They make people jump through hoops for 3%, and this dou--enozzle gets 28%.
Don’t worry—Charlie can’t eat dollars. At 60, he’s having one omelet and one diabetic-friendly meal a day. Max he can spend is maybe $100k a year. The rest? Just going right back into Wells Fargo, JPM, and Visa.
he must be below the mid point.
What a schmuck
I find it... interesting... that the glorified announcement of a $1,100 bonus for some employees came out right before we learned a out Charlie's pay raise. By the way, any news about the latter on Wells Fargo communication channels?
Charlie lifted the consent orders all by himself?
Impressive
And the bank wants to grow the right way? Nothing is right about this place.
@OP this makes me 🤬🤬🤬🤬🤬
He stole the glory for the consent order you achieved, then turned around and rigged the performance reviews to cheat you out of your money. Now, he’s executing a purge of the risk, audit, and other team teams, silencing the very watchdogs meant to keep the executives in check. Unreal.
Oh my.....I got an extra 0.65 cents per hour.
Well well well! We found out who is living the Well Life getting stacks while already above market for their job. Is this another example of why the CEO and Board Chair shouldn’t be the same person?
What are these guys doing with all this money?!!! Like seriously half the world if fighting the other half and many folks die out of poverty and starvation yet these m’s hoard billions for no good reason spent on BS if spent at all! Like why does anyone need 40 millions a year?!!
What a piece of sh-t! No wonder anyone above mid point didn’t get a merit increase. All the money went to this a--hole who lifted the consent order and solved the company’s compliance problems all by himself. What a poor excuse of a leader this fu--ing guy is.
nice for him!
I got a 3% pay raise
that's less than $2,000 per year
and we work our a$$ off everyday because we are understaffed at my workplace
And the Board just gave the middle finger to all the employees.
(Under CEO Charlie Scharf, Wells Fargo has faced significant concerns regarding persistent regulatory, cultural, and operational issues. Despite efforts to rebuild trust, the bank has battled investigations into racial disparities in lending, scrutiny over anti-union actions, and continued federal restrictions stemming from past, as well as emerging, compliance breakdowns.)