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Story summary
- Charlie Scharf received $40 million in 2025 compensation from Wells Fargo, a 28% increase over 2024.
- The package includes a $2.5 million base salary, $9.375 million in cash, and $28.125 million in long-term equity.
- The Wells Fargo board noted $21.3 billion in net income for 2025.
- The raise is the largest among major U.S. bank CEOs in 2025, surpassing increases at Goldman Sachs and JPMorgan Chase.
