Wells Fargo CEO Tim Sloan received a 5% pay raise for the year of 2018, according to Reuters.

While his base salary remained flat, the Wells Fargo board awarded him large bonuses based on his performance as CEO.

In 2018, Sloan’s base salary was $2.4 million. However, Sloan’s base salary represents only a fraction of his income. He also earned $14 million in stock awards, and the board awarded him another $2 million bonus due to the bank’s high performance, among other factors. That brings the total compensation paid to Sloan up to $18.4 million for 2018. In 2017, Sloan did not receive any bonuses and his compensation totaled $17.4 million.

Wells Fargo has been in some hot water in the last two years over the 2016 revelations that the company created millions of unauthorized customer accounts. The timing of Wells Fargo’s release of Sloan’s compensation information is likely intentional; it comes just a day after Sloan appeared before the House Financial Services Committee to demonstrate how Wells Fargo has changed since those revelations came to light.