Sloan's compensation, a nearly 5% increase compared to 2017, was disclosed Wednesday in a regulatory filing. Wells Fargo declined to comment about the increase. Sloan made less than his main peers. JPMorgan CEO Jamie Dimon received a $31 million pay package for 2018, while Bank of America CEO Brian Moynihan received compensation of nearly $23 million, according to regulatory filings.Most of Sloan's increase, meanwhile, came from a bonus — his first as CEO.
Sloan has spent the past two years as CEO trying to clean up the bank. But in early 2018, the Federal Reserve put Wells Fargo in the penalty box, instituting an unprecedented asset cap for"widespread consumer abuse." The cap, which keeps the bank from growing, remains in place.Sloan on Tuesday outlined leadership shakeups at the company and new measures aimed at curtailing risk, while conceding that Wells Fargo has more work to do.
WebsterPhil2 MelodydebeD RichHickey1 CaliforniaBlu17 Few more reasons why everyone should move their money to creditunions.
For many Wells Fargo employees this is very disappointing. Not that he doesn’t deserve to be paid commensurate with his job but many Wells employees are making less money and were told it was because of all the issues and performance. The top should set the example.
So much for redundancy guys
Why?
And yet they claim higher taxes on them would screw business 🙄
Katie Porter OWNED him!! What fool would bank with Wells Fargo? Use you local credit union!!
Good for him and employee raises kept pace also.
Good for.h
HOW MUCH IS JEFF ZUCKERS SALARY TO RUN CNN ?
Wells Fargo’s online banking system sucks!!!
Socialism sucks. This CNN tweeter would be making very little cash under the socialist system.
Good for him, way to go Tim!
GreedyBastard
Leech of the highest order!
Aren’t they the ones who created those fake accounts?
andersoncooper makes over $4 million per year.
Mmmmm🧐🤨
Um why?
Good for him. Now I’ll read the tweets from the jealous crybaby democrats
He doesn’t deserve it. Horrible company.
Can i have this job for a week?
Its tough to get by on just $17 million
Crazy
Bet he's not as good as Dale Robertson was!
Anybody still doing business with these crooks get exactly what you deserve.
You mean Tim Fargo?
It’s okay ‘cause Trump’s gonna kick the mexikins out and take thur money to build the wall
That's ridiculous what amount of money these folks make when there is so much need in this world.
And this is part of the problem.
That is great..... good for him.
Good for him
Now do jeff zucker..
Why aren’t there headlines like these for celebrities and athletes?
So Now do baseball players
Fraud is profitable
So?
Yeah and
And our atm charges are paying this 😀. Glad I hate banks other than credit unions
🤮🤮🤮🤮🤮🤮
Or Tim Wells Fargo as Trump would say, it saves time.
And? How much did CNN CEO make?
Someone's paying too much in checking fees.
that's the fault of stockhokders
$1,000 pay me YangGang
...and how much of that figure comes from $$$ that WellsFargo scammed its customers and employees out of?
Geezus Fuq!!!
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