Charles Scharf Biography

Charles Scharf is an American businessman who serves as the chief executive officer and president of Wells Fargo. He was previously the CEO of Visa Inc. and BNY Mellon, and has been an independent director on the Microsoft board of directors since 2014.

Scharf is on the board of trustees for Johns Hopkins University and he is on the board of directors for the Financial Services Roundtable. On February 26, 2014, President Barack Obama announced his intent to nominate individuals to key Administration posts amongst which was Charles W. Scharf, Appointee for Member, President’s Advisory Council on Financial Capability for Young Americans.

Charles Scharf Age

Charles is 57 years as of 2022. He was born on 24 April 1965, in the United States. He celebrates his birthday on April 24th every year. His birth sign is Taurus.

Charles Scharf Education

Scharf received a B.A. from Johns Hopkins University and an M.B.A. from New York University. In 1987, shortly after graduating from college, Scharf was the youngest professional employee at Commercial Credit Corp. Scharf was still a senior at Johns Hopkins University when he started working at the company part-time, having sent his résumé to Jamie Dimon through family connections. Six months into the job he was named Dimon’s assistant and “included in every meeting, learning broadly about business and how decisions get made”.

Scharf completed his Executive MBA from Stern in 1991, which he said helped put his work experience into perspective: “In my experience, good business is all about stepping back, asking questions, and accumulating the expertise to make the best decisions, whether those are business decisions or people decisions.

Charles Scharf Height

He stands at an average height and has moderate weight. He appears to be quite tall in stature if his photos, relative to his surroundings, are anything to go by. However, details regarding his actual height and other body measurements are currently not publicly available. We are keeping tabs and will update this information once it is out.

Other Body Measurements

Charles Scharf Family, Parents and Siblings

Charles was born and raised by his parents in the United States. Our efforts to find out more about his family came to no avail as no such information is publicly available. Thus, the identity of his mother and father is still unclear. It is also not known if he has any sisters and brothers. Nevertheless, this section will be updated as soon as it is available.

Charles Scharf Wife and Children

He likes to keep his marital life and thus nothing much is known about his wife. All that is known is that he is married and he is a father, according to his Twitter account. We will update this section once we get more information about his wife and children.

Charles Scharf  Net Worth

Charles has an estimated Net Worth of between $3 million dollars and $5 million dollars as of 2020. This includes his Assets, Money, and Income. His primary source of income is his career as a businessman. Through his various sources of income, Jeff has been able to accumulate a good fortune but prefers to lead a modest lifestyle.

Charles Scharf Wells Fargo

Scharf took over as Visa’s CEO in November 2012, succeeding Joseph Saunders. He was also appointed as a board member after increasing the size of the board to eleven members from ten. He was also a director of Visa and its predecessor, Visa U.S.A., from 2003 to 2011. Scharf received total compensation of $24.20 million, including base salary, stock grants, and incentives in 2013.

Under his tenure, Visa placed at number 238 on the Fortune 500, with $11.7 billion in revenue. On October 17, 2016, Scharf advised his Board of Directors that he can no longer spend enough time in San Francisco “to do the job effectively”. He announced that he would step down on December 1.

Charlie served as chief executive officer of Bank of New York Mellon from July 2017 to October 2019 and the chairman of its board from January 2018 to October 2018. On September 27, 2019, Scharf’s appointment as President and CEO of Wells Fargo was announced. Scharf said he would continue to live in New York with his family and commute frequently to Wells Fargo’s headquarters in San Francisco.

The Washington Post said his “broad experience makes Scharf a safe political choice, who is already well known by both regulators and lawmakers”. On November 7, 2019, Scharf announced that he had appointed BNY Mellon Vice Chairman and former U.S. Secretary of Commerce and White House Chief of Staff Bill Daley to serve as head of Public Affairs for Wells Fargo effective November 13, 2019.

Frequently Asked Questions About Charles Scharf

Charles Scharf Social Media Contacts

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