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 $13.87 million as of March 13th, 2020. Mr. Scharf owns 176,916 shares of Wells Fargo & Company stock worth more than $13,872,160 as of January 29th. 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?
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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 within the last three months. 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.