awards-worth
Wells Fargo CEO forfeits millions as board orders review
September 28, 2016 by publisher · Leave a Comment
(Reuters) – Wells Fargo & Co said on Tuesday that Chief Executive Officer John Stumpf will forfeit unvested equity awards worth about $41 million and will not get a salary while the company's board investigates the bank's sales practices. Carrie Tolstedt, the former head of the retail division at the center of a burgeoning sales scandal, has left the company ahead of her planned Dec. 31 retirement date, will get…
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Wells Fargo CEO forfeits millions as board orders review