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Wells Fargo CEO's Financial Punishment

John Stumpf forfeits $41 million in stock awards because of a scandal at his company.
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Wells Fargo board forces CEO to forgo $41 million in compensation following bogus account scandal

News : The Raw Story

Wells Fargo CEO John Stumpf will forgo $41 million in compensation, the bank’s board of directors announced Tuesday, as punishment for a bogus accounts scandal that has rocked the company. The bank has already apologized and said it...

Wells Fargo Claws Back $41 Million From CEO John Stumpf

Business & Finance : Time: Business

The company's retail banking executive will also forfeit $19 million of her stock awards

Wells Fargo CEO forfeits $41 million in 'clawback' after scandal

News : NY Daily News

CEO John Stumpf will forfeit $41 million in stock awards, not receive a salary during an investigation and have no bonus for 2016.

Wells Fargo CEO to forfeit $45 million in pay over fake-accounts scandal

Business & Finance : LA Times: Business

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...

Wells Fargo's scandal costs its CEO millions — which isn't much to him

Business & Finance : USAToday: Money

Wells Fargo CEO John Stumpf is forfeiting $41 million in stock in the wake of his company's fake account scandal. Video provided by Newsy        

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