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Wells Fargo Will Claw Back $41M From CEO

John Stumpf, the Wells Fargo CEO slammed for his "gutless leadership" by Sen. Elizabeth Warren last week, is going to have to tighten his belt a little this year: He is going to forfeit his bonus, part of his salary, and $41 million in stock awards over the fake-account scandal...
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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 may claw back some of CEO John Stumpf's compensation

Business & Finance : Business Insider: Clusterstock

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...

Wells Fargo claws back part of CEO, other executive's salary

Politics / US Politics : Washington Watch

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 »

Amid scandal, Wells Fargo claws back CEO pay

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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 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.


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