Citigroup vs Wells Fargo — CEO Pay Comparison
Jane Fraser (Citigroup) earns $1.3M more in total compensation than Charlie Scharf (Wells Fargo).
| Metric | CitigroupC | Wells FargoWFC |
|---|---|---|
| CEO | Jane Fraser | Charlie Scharf |
| Industry | Banks | Banks |
| Total Compensation | $13.3M | $12.0M |
| Base Salary | $1.3M | $1.2M |
| Stock Awards | $6.7M | $6.0M |
| Option Awards | $1.6M | $1.4M |
| Non-Equity Incentive | $2.0M | $1.8M |
| Pay-for-Performance Grade | A (80/100) | C (51/100) |
| CEO-Worker Pay Ratio | 205:1 | 185:1 |
| Median Worker Pay | $65K | $65K |
| Say-on-Pay Approval | 92.7% | 85.1% |
| 3yr Total Shareholder Return | +15.7% | -10.1% |
| Revenue | $78.5B | $82.6B |
| Market Cap | $130.0B | $200.0B |
| Employees | 240,000 | 227,363 |
Analysis
Jane Fraser (Citigroup) earns $13.3M in total compensation, while Charlie Scharf (Wells Fargo) earns $12.0M. That is a difference of $1.3M.
On pay-for-performance alignment, Citigroup scores A (80/100) while Wells Fargo scores C (51/100). Citigroup's CEO compensation is better aligned with company performance.
Citigroup's CEO-to-worker pay ratio is 205:1 compared to Wells Fargo's 185:1. Shareholders approved CEO pay at 92.7% (Citigroup) and 85.1% (Wells Fargo).