Wells Fargo CEO Gets Restricted Stock

Wells Fargo has awarded CEO, John Stumpf, 24,432 restricted-share rights worth $766,676 for last year.

Wells Fargo has awarded CEO, John Stumpf, 24,432 restricted-share rights worth $766,676 for last year, The Wall Street Journal reports. He was awarded 400,583 performance shares worth $11 million in June.

Stumpf received $21.3 million in payout for 2009, including $13.1 million in stock awards. The California-based lenders CFO, Timothy Sloan, was awarded 22,839 restricted-share rights worth around $716,000.

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