HuffPO | John Stumpf, Wells Fargo CEO, Pulls In $17.56 Million In 2010

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HuffPO | John Stumpf, Wells Fargo CEO, Pulls In $17.56 Million In 2010

HuffPO | John Stumpf, Wells Fargo CEO, Pulls In $17.56 Million In 2010

From HuffingtonPost:

For the 12 months ended Dec. 31, Stumpf was awarded a salary of $3.24 million, a performance-based stock bonus of $11 million, and a cash bonus of $3.3 million, according to documents filed with the Securities and Exchange Commission on Monday. That compares to a salary of $5.6 million, a stock award of $13.08 million, and zero cash bonus in 2009.

Stumpf’s total compensation of $18.7 million in 2009 made him among the nation’s highest-paid bank CEOs.

Stumpf’s perks totaled $28,531 and included matching contributions to his retirement plan, home security system expenses, a car and a driver.

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One Response to “HuffPO | John Stumpf, Wells Fargo CEO, Pulls In $17.56 Million In 2010”

  1. creeped out says:

    This is terrible. I’m sure these semi-literate MBA’s and CEO’s never read any history. This is what caused revolutions. Look at Egypt or read about the French revolution.

    The bank salaries and foreclosure horror stories are hightly visable to the American public and world on the internet. Yes, you can believe what you read. It happened to me.

    This is the worst thing that ever happened to the American people.

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