---
schema_version: "secwatch.filing_event.v1"
accession: "0000072971-23-000190"
form_type: "8-K"
ticker: "WFC"
cik: "0000072971"
company_name: "WELLS FARGO & COMPANY/MN"
filed_at: "2023-12-13T23:59:59+00:00"
generated_at: "2026-06-07T13:48:20.236323+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Wells Fargo updates Mary Mack's compensation after CEO role departure; salary set at $300k from Jan 1, 2024

## Summary
- Mary T. Mack ceased as CEO of Consumer & Small Business Banking effective May 15, 2023.
- She continues in a non-executive role supporting business transition and community impact through 2024.
- Effective January 1, 2024, her annual base salary will be $300,000.

## SEC filing metadata
- accession: 0000072971-23-000190
- form_type: 8-K
- ticker: WFC
- cik: 0000072971
- company_name: WELLS FARGO & COMPANY/MN
- filed_at: 2023-12-13T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72971/000007297123000190/0000072971-23-000190-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72971/000007297123000190/wfc-20231213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000072971-23-000190
- JSON: https://secwatch.observer/filing/0000072971-23-000190.json
- Plain text: https://secwatch.observer/filing/0000072971-23-000190.txt

## Key facts
- Executive change
  Mary T. Mack changed role as CEO of Consumer & Small Business Banking at WELLS FARGO & COMPANY/MN.
  - Action: ceased serving as
  - Role: CEO of Consumer & Small Business Banking
  source text: Mary T. Mack ceased serving as CEO of Consumer & Small Business Banking, effective May 15, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/72971/000007297123000190/0000072971-23-000190-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.