The estimated Net Worth of Richard B Jr Payne is at least $16.1 Milión dollars as of 16 February 2016. Mr. Payne owns over 56,059 units of Wells Fargo & Co stock worth over $7,344,569 and over the last 18 years he sold WFC stock worth over $8,619,594. In addition, he makes $128,871 as Independent Director at Wells Fargo & Co.
Richard has made over 33 trades of the Wells Fargo & Co stock since 2007, according to the Form 4 filled with the SEC. Most recently he sold 56,059 units of WFC stock worth $2,250,208 on 16 February 2016.
The largest trade he's ever made was exercising 118,194 units of Wells Fargo & Co stock on 28 January 2014 worth over $3,759,751. On average, Richard trades about 24,248 units every 58 days since 2007. As of 16 February 2016 he still owns at least 136,694 units of Wells Fargo & Co stock.
You can see the complete history of Mr. Payne stock trades at the bottom of the page.
Richard B. Payne Jr. serves as Independent Director of the Company. Mr. Payne served as vice chairman, Wholesale Banking, of U.S. Bancorp from November 2010 until he retired in April 2016, and as vice chairman, Corporate Banking, at U.S. Bancorp, Minneapolis, Minnesota from July 2006 to November 2010. Prior to joining U.S. Bancorp, he served as executive vice president for National City Corporation, Cleveland, Ohio, from 2001 to 2006. Prior to joining National City, Mr. Payne was a managing director at First Union Corporation and served in various roles of increasing responsibility in corporate banking at Bank of America Corporation predecessor banks. He also served in the corporate finance group of Morgan Stanley and in roles of increasing responsibility at a predecessor bank of JPMorgan Chase & Co. Mr. Payne has a Bachelor of Arts from the University of Virginia and a M.B.A. from Harvard Business School.
As the Independent Director of Wells Fargo & Co, the total compensation of Richard Payne at Wells Fargo & Co is $128,871. There are 20 executives at Wells Fargo & Co getting paid more, with Charles Scharf having the highest compensation of $34,286,600.
Richard Payne is 72, he's been the Independent Director of Wells Fargo & Co since 2019. There are no older and 30 younger executives at Wells Fargo & Co.
Richard's mailing address filed with the SEC is 420 MONTGOMERY STREET, , SAN FRANCISCO, CA, 94104.
Over the last 8 years, insiders at Wells Fargo & Co have traded over $39,815,988 worth of Wells Fargo & Co stock and bought 216,855 units worth $6,665,907 . The most active insiders traders include Richard K Davis, John S Chen a Charles W Scharf. On average, Wells Fargo & Co executives and independent directors trade stock every 12 days with the average trade being worth of $2,625,893. The most recent stock trade was executed by Tracy M Kerrins on 15 March 2024, trading 5,955 units of WFC stock currently worth $319,962.
Wells Fargo & Company is an American multinational financial services company with a significant global presence. The company operates in 35 countries and serves over 70 million customers worldwide.
Wells Fargo & Co executives and other stock owners filed with the SEC include: