Wells Fargo & Co. (WFC)

About Wells Fargo & Company (WFC)

Company Description:


Wells Fargo & Company, a diversified financial services company, provides banking, investment, mortgage, and consumer and commercial finance products and services. The company operates through three main segments: Consumer Banking and Lending, Commercial Banking, and Corporate and Investment Banking.

Wells Fargo was established during the Gold Rush era on March 18, 1852, by Henry Wells and William Fargo. It's headquartered in San Francisco, California, USA, and has a storied history marked by innovation in banking and finance.


Main Product(s):


Wells Fargo offers a wide range of financial services, including consumer and commercial banking, credit and debit cards, home lending, investment and wealth management, and other financial products.


Short History of Wells Fargo & Company:


  • March 1852 – Founded by Henry Wells and William Fargo.
  • 1905 – Officially separated from its express operations.
  • 1980s – Began a series of acquisitions that expanded its banking footprint.
  • 1998 – Merged with Norwest Corporation.
  • 2008 – Acquired Wachovia, significantly expanding its presence.
  • Recent years – Focused on restructuring and addressing regulatory challenges.

Key Executives:

NameTitlePayExercisedYear Born
Mr. Charles W. ScharfPresident, CEO & Director8.01MN/A1965
Mr. Michael P. SantomassimoSenior EVP & CFO4.93MN/A1975
Mr. Scott E. PowellSenior EVP & COO4.26MN/A1962
Mr. Jonathan Geoffrey WeissSenior EVP and CEO of Corporate & Investment Banking5.59MN/A1958
Ms. Tracy KerrinsSenior EVP & Head of TechnologyN/AN/AN/A
Mr. David OwenChief Administrative Officer & Head of Global OperationsN/AN/AN/A
Mr. John M. CampbellDirector of Investor RelationsN/AN/AN/A
Ms. Ellen Reilly Patterson Esq., J.D.Senior EVP & General CounselN/AN/A1974
Ms. Paula Ann DominickChief Compliance OfficerN/AN/A1960
Ms. Amy BonitatibusChief Communications & Brand OfficerN/AN/AN/A

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