Wells Fargo CEO Gets 5 Percent Pay Raise

Wells Fargo CEO Gets 5 Percent Pay Raise
Wells Fargo CEO Tim Sloan testifies before a House Financial Services Committee hearing titled: "Holding Megabanks Accountable: An Examination of Wells Fargo's Pattern of Consumer Abuses" in Washington, U.S. March 12, 2019. REUTERS/Erin Scott
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Wells Fargo & Co gave Chief Executive Tim Sloan a 5 percent pay raise for 2018, the bank said on March 13.

Sloan’s base salary remained flat at $2.4 million, he earned $14 million stock awards and the board awarded him a $2 million bonus based on the bank’s financial performance and other factors, according to a company filing.