Months after lawmakers urged the Federal Reserve to oust the 12 Wells Fargo board members who served during the bank’s fake account fiasco, the banking giant has taken it upon itself to revamp some board seats. Next year, Chairman Stephen Sanger will step down and two other members will retire. [More]
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Chipotle Investors Looking To Remove Founder & Co-CEO Steve Ells From Board Of Directors
By 11.1.16
Things over at Chipotle haven’t been exactly great this past year, what with all that food-borne illness stuff, tanking stocks, and customers fleeing. And things might not be getting any better — or a least for the co-captain of the ship, Steve Ells, as some investors are now calling for the co-founder to step down from his position as chairman of that board. [More]
Bank Of America CEO Fired As Chairman
By 4.30.09
Bank of America CEO Ken Lewis has been sh*tcanned from the chairman position, but will remain CEO, says the NYT. Calls for Lewis to resign in shame and go cry alone with his money have been getting louder over the past few months.
