Wells Fargo CEO Scharf's pay drops nearly 12% in 2020_老虎社区_美港股上老虎

Wells Fargo CEO Scharf's pay drops nearly 12% in 2020

Reuters2021-01-30

Jan 29 (Reuters) - Wells Fargo & Co Chief Executive Officer Charles Scharf's annual pay fell by about $3 million, or 11.7%, in 2020, a regulatory filing showed on Friday.

Scharf will receive $20.3 million for his work during the year, compared with $23 million in 2019, the bank said.

Wells Fargo's board cited the drop in the bank's financial results for 2020 as one of the reasons for Scharf's lower compensation.

The board noted that the results were significantly impacted by the effects of the COVID-19 pandemic on the economy and market conditions.

(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Aditya Soni)

((noor.hussain@thomsonreuters.com; Within U.S. +1 646 223 8780; Outside U.S. +91 80 6182 2663 or +91 80 3796 2663 ;))

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

AdelineG
·2021-01-30
At such uncertain time , hv to accept the pay drop due to Co performance affected
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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWells Fargo CEO Scharf's pay drops nearly 12% in 2020\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-01-30 06:24</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Jan 29 (Reuters) - Wells Fargo &amp; Co    Chief Executive Officer Charles Scharf's annual pay fell by about $3 million, or 11.7%, in 2020, a regulatory filing showed on Friday.</p><p>   Scharf will receive $20.3 million for his work during the year, compared with $23 million in 2019, the bank said. </p><p>   Wells Fargo's board cited the drop in the bank's financial results for 2020 as <a href=\"https://laohu8.com/S/AONE\">one</a> of the reasons for Scharf's lower compensation.  </p><p>   The board noted that the results were significantly impacted by the effects of the COVID-19 pandemic on the economy and market conditions.</p><p> (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Aditya Soni)</p><p>((noor.hussain@thomsonreuters.com; Within U.S. +1 646 223 8780; Outside U.S. +91 80 6182 2663 or +91 80 3796 2663 ;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WFC":"富国银行"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2107524405","content_text":"Jan 29 (Reuters) - Wells Fargo & Co    Chief Executive Officer Charles Scharf's annual pay fell by about $3 million, or 11.7%, in 2020, a regulatory filing showed on Friday.   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