WFC - Wells Fargo & Company

NYSE - Nasdaq Real Time Price. Currency in USD

Wells Fargo & Company

420 Montgomery Street
San Francisco, CA 94104
United States
866-249-3302
http://www.wellsfargo.com

Sector(s)Financial Services
IndustryBanks—Diversified
Full Time Employees263,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Charles W. ScharfPres, CEO & Director7.57MN/A1965
Mr. John Richard ShrewsberrySr. EVP & CFO3.16MN/A1966
Mr. Petros G. PelosSr. EVP & CEO of Commercial Banking2.91MN/A1964
Ms. Mary Tabb MackSr. EVP and CEO of Consumer & Small Bus. Banking3.1MN/A1963
Mr. Saul Van BeurdenSr. EVP & Head of Technology4.17MN/A1970
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services to individuals, businesses, and institutions in the United States and internationally. It operates in three segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. The Community Banking segment offers checking and savings accounts; credit and debit cards; and automobile, student, mortgage, home equity, and small business lending products. The Wholesale Banking segment provides commercial, corporate, capital markets, cash management, and real estate banking products and services, including traditional commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection services, foreign exchange services, treasury management, institutional fixed-income sales, interest rate, commodity and equity risk management, online/electronic products, corporate trust fiduciary and agency services, and investment banking services. It also offers commercial and residential development, land acquisition and development, rehabilitation, permanent securitization, and commercial real estate loans; secured and unsecured lines of credit; affordable housing loans and letters of credit; and interim financing arrangements. The Wealth and Investment Management segment provides personalized wealth management, investment, and retirement products and services; and delivers financial planning, private banking, credit, investment management, and fiduciary services. The company also offers brokerage, and Internet and mobile banking services; and has collaboration with National LGBT Chamber of Commerce. As of March 16, 2020, it operated through 7,400 locations; approximately 13,000 ATMs; and offices in 32 countries and territories. The Company was founded in 1852 and is headquartered in San Francisco, California.

Corporate Governance

Wells Fargo & Company’s ISS Governance QualityScore as of December 7, 2019 is 5. The pillar scores are Audit: 5; Board: 3; Shareholder Rights: 5; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.