Wells Fargo, the embattled bank that is potentially dealing with a new scandal, is gearing up for a major overhaul that could result in Stephen Sanger, the bank’s nonexecutive chairman of the board, stepping down. According to a news report in The Wall Street Journal, citing...
August 16, 2017
Wells Fargo & Company has announced that Elizabeth “Betsy” Duke will succeed Stephen Sanger as independent chairman of the board, a result of shareholder displeasure over the company’s recent scandals. According to a news release, Sanger, along with long-serving directors Cynthia Milligan and Susan Swenson, will retire from the bank at the end of the year. […]
August 11, 2017
Wells Fargo, the embattled bank that is potentially dealing with a new scandal, is gearing up for a major overhaul that could result in Stephen Sanger, the bank’s nonexecutive chairman...