Wells’ Stumpf in line for a $124M exit haul

America’s most hated bank CEO will have a very cushioned fall should he decide to escape the heat of the corner office.

John Stumpf, chief executive of Wells Fargo, stands to collect $123.6 million in walkaway money if he retires from the bank, according to a report on Monday.

The payout includes $25.2 million in retirement benefits, a $20 million pension, $4.3 million in deferred compen- sation plus the $74 million in stock he already owns, according to USA Today, which had pay consulting firm Equilar crunch the numbers.

The 63-year-old bank boss came under fire last week at a Senate hearing for firing 5,300 employees over five years for their role in creating roughly 2 million bogus bank and credit card accounts — without holding the feet of any senior executives to the fire.

The accounts were created to meet aggressive cross-marketing efforts. Managers pressured workers to meet goals — leading to the fake accounts.

Customers were dinged for $25 in fees. The bank said it was in the process of refunding any fees charged to these unsuspecting customers.

Wells Fargo was fined $185 million by federal and local regulators after a probe uncovered the scam.

Carrie Tolstedt, the Wells executive who headed the branch system, stands to pocket up to $125 million when she retires at the end of the year.

Tolstedt’s retirement was announced in July, in the heat of the probe, with high praise and no mention of any upcoming turbulence.

Senators attacked Stumpf for not clawing back any of Tolstedt’s severance.