Cash grab? Wells Fargo CEO John Stumpf to receive $123.6M if he retires
- 8 years ago
Wells Fargo CEO John Stumpf stands to walk away with $123.6 million if he retires from the bank following a scandal, which saw millions of accounts inappropriately opened for customers. The sum was calculated by pay consulting firm Equilar as of mid-September and it consists of Stumpf's $25.2 million in retirement payments, plus a $20 million pension, deferred compensation of $4.3 million as well as the $74 million in stock he already owns.