Quite frankly, who isn't retiring with a deal like this these days? With the booming economy and the world's best banks running like well oil machines, it seems like this should be the minimum for anyone. But what about his gold watch?
Wells Fargo's former CFO Howard Atkins stands to walk away from the company with deferred compensation, pension benefits and stock grants valued at $27.21 million as of Thursday's close.
An earlier report by CNBC put the number at closer to $10 million, but Wells Fargo confirmed that Atkins will keep restricted stock shares (RSS) and restricted performance shares (RSP). These will vest over time and their value may fluctuate depending on the company's performance.
