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Wells Fargo Board Approves Bank CEO Compensation of $40 Million, a 28% Jump

Summary by The Charlotte Observer
Charlie Scharf joined Wells Fargo in 2019, when the bank was grappling with the fallout from its 2016 fake sales scandal.

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The Charlotte ObserverThe Charlotte Observer
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Wells Fargo board approves bank CEO compensation of $40 million, a 28% jump

Charlie Scharf joined Wells Fargo in 2019, when the bank was grappling with the fallout from its 2016 fake sales scandal.

·Charlotte, United States
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The Charlotte Observer broke the news in Charlotte, United States on Wednesday, February 4, 2026.
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