American businessman, Charles Scharf is best known as the Chief Executive Officer (CEO) of The Bank of New York Mellon Corporation. Charles later became the Chairman of the Board of Directors on 1 January 2018. He was the former head of Visa Inc. that provides electronic funds transfers throughout the world, most commonly through Visa-branded debit and credit cards.
How Much Is Charles Scharf’s Net Worth?
Charles Scharf is among the top highest paid Chief Executive Officers across the United States. His yearly salary is in millions since joining BNY Mellon NA, The Bank of New York Mellon, Inc when he got appointed as the Director in July 2017. His net worth increased when he became the Chairman on 1 January 2018.
The millionaire prime also made his net worth from previous work as the Director of Visa Inc. that he joined from October 2012 and was the recipient of total compensation of $24.20 million, including base salary and incentives in 2013.
According to the reports of salary.com, Charles total compensation working for Visa Inc is estimated to be $4,634,49 in 2014. Out of the full settlement, he was paid $357,380 as a salary, and $4,276,408 as stock and $707 came from other types of compensation. Charles worked for four years in Visa Inc and left the multinational company in December 2016.
Charles made a prime portion of his revenues as the Head of Retail Financial Services, one of JP Morgan Chase’s six lines of business, from 2004 to 2011. The Mogul also worked as the CEO of the retail division of Bank One Corp. from 2002 to 2004.
In the late 90’s, Charles served the position of Chief Finance Officer of the Global Corporate and Investment Bank division at Citigroup from 1999 to 2000, and for Salomon Smith Barney and its predecessor company from 1995 for next four years.
Charles Scharf (right) rang the opening bell of the New York Stock Exchange in 2013 (Photo: Richard Drew/associated press)
The Chief Executive Officer of The Bank of New York Mellon Corporation, Charles Scharf attended the Opening Bell of NYSE back in 2013. The Chief of Global Investment company was one of the honorary guests at the start of the stock market.
Father Of Two; Maintains Low-Key About Wife!
The Chairman of The Bank of New York Mellon Corporation is married man. He shared wedding vows with Amy Scharf in a private ceremony. He prefers to keep information about his wife low-key and hasn't shared any details of her profession and background.
With Amy, he is the father of two daughters. The family of four spend their time in their luxurious house in Westchester, New York. The chairman revealed that his daughters enjoy playing and are into music.
The 53-year-old businessman was born on 24 April 1965 in New York City as per wiki. Charles went to Johns Hopkins University to receive a B.A. degree and later attended New York University to complete his MBA graduation. He keeps a shallow profile to reveal his family however it was his father who encouraged him for a job at a commercial credit.