By 2019, John G. Stumpf's family trust had significant Wells Fargo holdings valued at nearly $100 million. However, his wealth took a hit after facing scrutiny over sales practices in 2016, which ultimately led to a major clawback of $28...
By 2019, John G. Stumpf's family trust had significant Wells Fargo holdings valued at nearly $100 million. However, his wealth took a hit after facing scrutiny over sales practices in 2016, which ultimately led to a major clawback of $28 million in performance shares. His total holdings fluctuated throughout his tenure; his stake peaked around the time he stepped down, reflecting the volatile relationship between executive accountability and stock performance. Stumpf's personal investments and performance shares were heavily impacted by the company's reputation and market conditions, illustrating how closely tied CEO success is to company performance.