In his first year in the role, Wells Fargo & Co.’s chief executive officer saw his total compensation rise more than 35 percent — earning him nearly 300 times the firm’s median compensation.

Tim Sloan, who has been with Wells Fargo for three decades, had been serving as the San Francisco-based company’s president and chief operating officer since 2015.

But following the fake-account scandal in 2016, he took on the CEO role when then-CEO and chairman  John G. Stumpf  was ousted.

Source: Mortgage Daily