WFC - Wells Fargo & Company

NYSE - NYSE Delayed Price. Currency in USD

Wells Fargo & Company

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

SectorFinancial Services
IndustryBanks - Global
Full Time Employees258,700

Key Executives

NameTitlePayExercisedYear Born
Mr. Timothy J. Sloan M.B.A.CEO, Pres & Director2.51M5.16M1961
Mr. John Richard ShrewsberrySr. EVP & CFO2.93M1.95M1966
Ms. Avid ModjtabaiSr. EVP of Payments, Virtual Solutions & Innovation2.6M8.66M1962
Mr. Jonathan Geoffrey WeissSr. Exec. VP of Wealth & Investment Management2.89MN/AN/A
Mr. Petros G. PelosSr. EVP & Head of Wholesale Banking1.73MN/AN/A
Amounts are as of December 31, 2017 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 retail, commercial, and corporate banking services to individuals, businesses, and institutions. The company's Community Banking segment offers checking and savings accounts; credit and debit cards; and automobile, student, mortgage, home equity, and small business loans. Its Wholesale Banking segment offers commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection, foreign exchange, treasury management, merchant payment processing, institutional fixed-income sales, commodity and equity risk management, corporate trust fiduciary and agency, and investment banking services, as well as online/electronic products. This segment also provides construction, and land acquisition and development loans; secured and unsecured lines of credit; interim financing arrangements; rehabilitation loans; affordable housing loans and letters of credit; loans for securitization; and real estate and mortgage brokerage services. The company's Wealth and Investment Management segment offers financial planning, private banking, credit, and investment management and fiduciary services, as well as retirement and trust services. As of February 7, 2019, it operated through 7,800 locations, 13,000 ATMs, and the Internet and mobile banking, as well as has offices in 37 countries and territories. Wells Fargo & Company was founded in 1852 and is headquartered in San Francisco, California.

Corporate Governance

Wells Fargo & Company’s ISS Governance QualityScore as of February 1, 2019 is 3. The pillar scores are Audit: 5; Board: 3; Shareholder Rights: 5; Compensation: 1.

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.