CEO John Stumpf will forfeit $41 million in stock awards, not receive a salary during an investigation and have no bonus for 2016.
CEO John Stumpf and a former Wells executive will forfeit millions of dollars in bonuses, the bank's board says.
The company's retail banking executive will also forfeit $19 million of her stock awards
Bank says CEO John Stumpf and the executive who ran the consumer banking division will forfeit huge bonuses as it tries to stem a scandal over its sales practices
John Stumpf forfeits $41 million in stock awards because of a scandal at his company.