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Charles W. Scharf net worth and biography

Charles Scharf Biography and Net Worth

President, CEO & Director of Wells Fargo & Company

Charles W. Scharf is chief executive officer and president, and a member of the Board of Directors of Wells Fargo & Company.

A financial services veteran with more than 25 years of experience in leadership roles in the banking and payments industries, Charlie served as chief executive officer of Bank of New York Mellon from July 2017 to September 2019 and the chairman of its board from January 2018 to September 2019. He also was chief executive officer and a director of Visa Inc. from November 2012 to December 2016.

During his tenure at Bank of New York Mellon, Charlie demonstrated a strong track record in initiating and leading change, driving results, strengthening operational risk and compliance, and innovating amid a rapidly evolving digital landscape.

As the CEO of Visa, Charlie transformed the firm into a technology-driven digital commerce company by partnering with the world's leading technology companies to drive new payment experiences and introduce new technologies to improve payment system security.

Previously, he was a managing director of One Equity Partners at JPMorgan Chase & Co. and chief executive officer of Retail Financial Services at JPMorgan Chase. He also was chief executive officer of the retail division of Bank One Corp., chief financial officer of Bank One Corp., chief financial officer of the Global Corporate and Investment Bank division of Citigroup, and chief financial officer of Salomon Smith Barney and its predecessor company.

Charlie earned a Bachelor of Arts degree from Johns Hopkins University and an MBA from New York University.

He is a director of Microsoft Corporation, serves on the board of trustees of Johns Hopkins University, is a member of The Business Council, and is a member of the board of directors for the New York City Ballet. He lives in New York City.

What is Charles W. Scharf's net worth?: The estimated net worth of Charles W. Scharf is at least $12.44 million as of March 13th, 2020. Mr. Scharf owns 176,916 shares of Wells Fargo & Company stock worth more than $12,444,271 as of December 21st. This net worth evaluation does not reflect any other assets that Mr. Scharf may own. Additionally, Mr. Scharf receives a salary of $9,330,000.00 as President, CEO & Director at Wells Fargo & Company. Learn More about Charles W. Scharf's net worth.
How old is Charles W. Scharf?: Mr. Scharf is currently 59 years old. There are 7 older executives and no younger executives at Wells Fargo & Company. Learn More on Charles W. Scharf's age.
What is Charles W. Scharf's salary?: As the President, CEO & Director of Wells Fargo & Company, Mr. Scharf earns $9,330,000.00 per year. Learn More on Charles W. Scharf's salary.
How do I contact Charles W. Scharf?: The corporate mailing address for Mr. Scharf and other Wells Fargo & Company executives is 420 MONTGOMERY STREET, SAN FRANCISCO CA, 94163. Wells Fargo & Company can also be reached via phone at (866) 249-3302 and via email at [email protected]. Learn More on Charles W. Scharf's contact information.
Has Charles W. Scharf been buying or selling shares of Wells Fargo & Company?: Charles W. Scharf has not been actively trading shares of Wells Fargo & Company during the past quarter. Most recently, on Friday, March 13th, Charles W. Scharf bought 173,000 shares of Wells Fargo & Company stock. The stock was acquired at an average cost of $28.69 per share, with a total value of $4,963,370.00. Following the completion of the transaction, the chief executive officer now directly owns 176,916 shares of the company's stock, valued at $5,075,720.04. Learn More on Charles W. Scharf's trading history.
Who are Wells Fargo & Company's active insiders?: Wells Fargo & Company's insider roster includes Richard Davis (Director), Felicia Norwood (Director), Ellen Patterson (EVP), Scott Powell (Sr. EVP & COO ), Michael Santomassimo (Sr. EVP & CFO ), Kleber Santos (EVP), Charles Scharf (President, CEO & Director), Saul Van Beurden (EVP), Jonathan Weiss (Sr. EVP and CEO), and Ather Williams, III (Sr. EVP). Learn More on Wells Fargo & Company's active insiders.
Are insiders buying or selling shares of Wells Fargo & Company?: In the last year, insiders at the financial services provider sold shares 2 times. They sold a total of 95,000 shares worth more than $5,991,650.00. The most recent insider tranaction occured on October, 16th when EVP Ather Williams III sold 60,000 shares worth more than $3,822,000.00. Insiders at Wells Fargo & Company own 0.1% of the company. Learn More about insider trades at Wells Fargo & Company.
Information on this page was last updated on 10/16/2024.

Charles W. Scharf Insider Trading History at Wells Fargo & Company

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
3/13/2020	Buy	173,000	$28.69	$4,963,370.00	176,916

Charles W. Scharf Buying and Selling Activity at Wells Fargo & Company

Wells Fargo & Company Company Overview

Wells Fargo & Company, a financial services company, provides diversified banking, investment, mortgage, and consumer and commercial finance products and services in the United States and internationally. The company operates through four segments: Consumer Banking and Lending; Commercial Banking; Corporate and Investment Banking; and Wealth and Investment Management. The Consumer Banking and Lending segment offers diversified financial products and services for consumers and small businesses. Its financial products and services include checking and savings accounts, and credit and debit cards, as well as home, auto, personal, and small business lending services. The Commercial Banking segment provides financial solutions to private, family owned, and certain public companies. Its products and services include banking and credit products across various industry sectors and municipalities, secured lending and lease products, and treasury management services. The Corporate and Investment Banking segment offers a suite of capital markets, banking, and financial products and services, such as corporate banking, investment banking, treasury management, commercial real estate lending and servicing, equity, and fixed income solutions, as well as sales, trading, and research capabilities services to corporate, commercial real estate, government, and institutional clients. The Wealth and Investment Management segment provides personalized wealth management, brokerage, financial planning, lending, private banking, and trust and fiduciary products and services to affluent, high-net worth, and ultra-high-net worth clients. It also operates through financial advisors in brokerage and wealth offices, consumer bank branches, independent offices, and digitally through WellsTrade and Intuitive Investor. The company was founded in 1852 and is headquartered in San Francisco, California.

Today's Range

Now: $70.34

$68.77

$71.04

50 Day Range

MA: $70.16

$62.16

$77.31

2 Week Range

Now: $70.34

$46.12

$78.13

Volume

49,960,730 shs

Average Volume

18,136,719 shs

Market Capitalization

$234.20 billion

P/E Ratio

14.62

Dividend Yield

2.22%

Beta

1.16

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Charles Scharf Biography and Net Worth

What is Charles W. Scharf's net worth?

How old is Charles W. Scharf?

What is Charles W. Scharf's salary?

How do I contact Charles W. Scharf?

Has Charles W. Scharf been buying or selling shares of Wells Fargo & Company?

Who are Wells Fargo & Company's active insiders?

Are insiders buying or selling shares of Wells Fargo & Company?