How Scharf was paid
$94.5M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Options | Other | Total |
|---|---|---|---|---|---|---|
| Charles W. ScharfChairman and CEO | $2,500,000 | $9,375,000 | $51,938,278 | $29,988,820 | $720,544 | $94,522,642 |
| Michael P. SantomassimoSenior EVP, CFO | $1,750,000 | $4,875,000 | $8,906,934 | — | $21,000 | $15,552,934 |
| Fernando S RivasSenior EVP, CEO of CIB | $1,750,000 | $6,225,000 | $9,587,598 | — | $21,000 | $17,583,598 |
| Kleber R. SantosSenior EVP, Co-CEO of Consumer Banking and Lending | $1,500,000 | $6,750,000 | $7,146,182 | — | $21,000 | $15,417,182 |
| Ellen R. PattersonSenior EVP, General Counsel | $1,500,000 | $4,050,000 | $7,031,474 | — | $21,000 | $12,602,474 |
What changed and why
- $94.5M$94.5M CEO reported compensation included a $60M special equity award following removal of the asset cap.
- $40.0M$40.0M CEO performance-year compensation recognized leadership, financial performance, growth investment, and regulatory progress.
- 2025 cash bonuses moved into the Bonus column after pre-set total compensation targets were eliminated.
- $3.0M$3.0M Santos retention bonus was included in his $6.75M 2025 cash bonus.
- 150%150% Maximum PSA payout was tied to ROTCE, with relative TSR modifying awards by plus or minus 20%.
- 92.4%92.4% Shareholders supported the 2025 say-on-pay proposal, continuing more than 92% support for three years.
About this page
The figures were read out of the DEF 14A proxy statement on EDGAR by a language model and every number was then checked against the filing text; a figure that could not be found there is left out rather than shown. Totals follow SEC rules, which value stock and option awards at grant. Read the filing for footnotes and the compensation committee's full reasoning.