Michael P. Santomassimo
2021 - Wells Fargo & Company
Compensation breakdown
| Bonus | $900,000 |
|---|---|
| Non-Equity Incentive Plan | $1,837,500 |
| Salary | $1,750,000 |
| Stock Awards | $7,500,008 |
| Total | $11,987,508 |
Santomassimo received $7.5M in stock awards, accounting for 63% of the total pay in 2021.
Santomassimo also received $900K in bonus, $1.8M in non-equity incentive plan and $1.8M in salary.
Rankings
In 2021, Michael P. Santomassimo's compensation ranked 773rd out of 12,397 executives tracked by ExecPay. In other words, Santomassimo earned more than 93.8% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 773 out of 12,397 | 94th |
Division Finance, Insurance, And Real Estate | 118 out of 2,278 | 95th |
Major group Depository Institutions | 18 out of 1,000 | 98th |
Industry group Commercial Banks | 18 out of 800 | 98th |
Industry National Commercial Banks | 11 out of 277 | 96th |
Pay ratio
| Michael P. Santomassimo's Pay | $11,987,508 |
|---|---|
| Median Employee's Pay | $73,578 |
| Pay Ratio | 163to 1 |
In 2021, the annual total compensation of Michael P. Santomassimo was $11,987,508.
The annual total compensation of the median employee at Wells Fargo & Company was $73,578.
The ratio of Michael P. Santomassimo's pay to the pay of median employee was therefore 163 to one.
Santomassimo's colleagues
We found four more compensation records of executives who worked with Michael P. Santomassimo at Wells Fargo & Company in 2021.
2021
Charles Scharf
Wells Fargo & Company
Chief Executive Officer
2021
Scott Powell
Wells Fargo & Company
Chief Operating Officer
2021
Ather Williams
Wells Fargo & Company
Senior EVP, Head of Strategy, Digital Platform, and Innovation
2021
Jonathan Weiss
Wells Fargo & Company
Chief Executive Officer
News
March 14, 2022
March 2, 2021
March 3, 2020
March 8, 2019