Stumpf received a base pay of $2.8 million in 2014, plus a performance-based bonus that included shares valued at $12.5 million and a cash bonus of $4 million, according to The Wall Street Journal
In a statement, Wells Fargo said Stumpf’s leadership “continues to be critical” to the company’s long-term strategy.
In late 2014, Stumpf gained notoriety when Portland-based Wells Fargo loan collection worker Tyler Oates sent him an email—copied to thousands of Wells Fargo employees—that suggested that all employees receive $10,000 raises. Wells Fargo responded by saying it provides “market competitive” pay.
Stumpf has been CEO since June 2007, and since his appointment, Wells Fargo shares have increased by about 55%.
Pay packages for other big bank executives have been mixed. Below is a list of how other CEO’s have fared:
You might also like:
Big bank’s CEO takes a pay cut
Jamie Dimon made more than $20M last year
Wells Fargo and CO.’s CEO John Stumpf was awarded $19.3 million in compensation for 2014, unchanged from his pay package in the previous year.