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Wells Fargo Claws Back $41 Million From CEO John Stumpf

The company's retail banking executive will also forfeit $19 million of her stock awards
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Wells Fargo may claw back some of CEO John Stumpf's compensation

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Wells Fargo's board of directors is leaning toward clawing back stock-based compensation from Wells Fargo CEO John Stumpf and Carrie Tolstedt, the firm's former head of community banking, according to The Wall Street Journal's Emily...

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CEO John Stumpf and a former Wells executive will forfeit millions of dollars in bonuses, the bank's board says.

Wells Fargo Claws Back Millions From CEO And Division Head After Scandal

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Wells Fargo & Co. Chairman and Chief Executive John Stumpf will forfeit $41 million for the bank's burgeoning sales scandal, marking one of the biggest rebukes to the head of a major U.S. financial institution. The bank's board move...

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Embattled Wells Fargo & Co. Chief Executive John Stumpf will forfeit compensation worth about $45 million, part of the company’s response to the still-unfolding scandal over millions of fake accounts created by bank employees. Stump...

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Wells Fargo says CEO John Stumpf and the executive who ran the bank's retail banking division will forfeit tens of millions of dollars in pay as the bank tries to … Click to Continue »


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