Tag: Wells Fargo
Shareholder displeasure against S&P500 directors reaches high level
Withholding of votes reaches peak level, sending a signal that shareholders are unhappy with S&P500 directors.
Wells Fargo chairman survives vote with slim margin
Shareholders vote to retain the Wells Fargo board, but some directors hold on to their seats with only weak support.
Wells Fargo directors a week away from critical vote
Proxy advisers have already proposed that investors vote against the reappointment of chairman Stephen Sanger.
US bank splits chairman and CEO roles
Scandal-hit bank moves to permanently change boardroom rules for senior roles.
Empowerment, not punishment, fuels ethical behaviour
To promote ethical behaviour, companies should emphasise community, not just consequences.
Claw backs, CHOICE and governance
The scandal at Wells Fargo comes as the proposed CHOICE Act attempts to roll back governance provisions in the US.
Wells Fargo chairman set to apologise to senators
US bank boss will apologise today over a scandal that has seen shareholders demand the roles of chairman and chief executive be split.