John G. Stumpf was the CEO of Wells Fargo from 2007 until his retirement in 2016. He started at the bank in 1982 and worked his way up through various management roles, including President. During his time as CEO, he...

John G. Stumpf was the CEO of Wells Fargo from 2007 until his retirement in 2016. He started at the bank in 1982 and worked his way up through various management roles, including President. During his time as CEO, he achieved significant growth for the bank, but his leadership was also marked by challenges, especially around 2016, when Wells Fargo faced scrutiny for its sales practices. This led to a drop in his holdings and compensation. In fact, Stumpf had a major portion of his wealth tied to Wells Fargo stock, which peaked around 2019 when his family trust held nearly $100 million in shares. However, after the sales scandal, he faced a clawback of $28 million in performance shares. His compensation package had major ups and downs, from a huge salary increase during the financial crisis to no bonus in his final year. Through all of this, Stumpf's experience illustrates the fine line CEOs walk between performance and accountability, especially in the finance world.