As of March 2024, C. Allen Parker's financial holdings were primarily made up of restricted share rights and a small quantity of common stock, totaling approximately $2.37 million. His wealth varied significantly during his time at Wells Fargo. In 2019,...
As of March 2024, C. Allen Parker's financial holdings were primarily made up of restricted share rights and a small quantity of common stock, totaling approximately $2.37 million. His wealth varied significantly during his time at Wells Fargo. In 2019, when he served as Interim CEO, Parker held a substantial amount of stock which contributed to his high compensation that year. By September 2024, reflecting market fluctuations, the value of his holdings reduced but still showcased a notable alignment with Wells Fargo's success, emphasizing the bank's pay-for-performance strategy. Parker's decision to leave the bank in March 2020 marked a shift in his investment in the company, as he transitioned from a key executive role to exploring other opportunities.