Tuesday, August 15, 2017

Wells Fargo makes sweeping changes to its board

Wells Fargo said Tuesday that the bank has taken what it calls “board refreshment actions” as it struggles to right the ship from a series of scandals that have damaged its once sterling reputation as Main Street’s bank. The San Francisco-based bank said that Betsy Duke will succeed Stephen Sanger as independent chairman of the board, effective Jan. 1, 2018. The board will see three long-time directors, including Sanger, exit at the end of this year. Also departing at year-end will be Cynthia…


from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2017/08/15/wells-fargo-bank-wfc-board-changes-scandal.html?ana=RSS%26s=article_search

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