Since Wells Fargo’s fake account fiasco came to light in Sept. 2016, the top executive at the bank has “retired,” other executives have departed, and many have lost bonuses. Despite this, there are many holdovers from the years when employees opened millions of unauthorized accounts. To this end, Massachusetts Senator Elizabeth Warren is calling for the ouster of 12 Wells Fargo board members. [More]
board of directors
Whole Foods Tries To Avoid Selling Itself By Replacing Most Of Its Board
By 5.10.17 — Updated: 5.25.17
A month after shareholders told Whole Foods to shape up and see if someone was interested in buying the chain — Amazon and Kroger, apparently, for a while — the health foods store hasn’t put up the “for sale” sign yet. Instead, the company says it will completely revamp its board. [More]
Wells Fargo Takes Back Another $75M From Former CEO & Exec Blamed For Fake Accounts
By 4.10.17 — Updated: 5.10.17
The Wells Fargo board of directors has completed its investigation into the bank’s fake account fiasco, which saw Wells employees open more than two million bogus accounts in customers’ names. For their failure to curb this bad behavior, “retired” CEO John Stumpf and former head of retail banking Carrie Tolstedt have had an additional $75 million in compensation clawed back.
[More]
Ex-Wells Fargo CEO John Stumpf Resigns From Boards Of Chevron, Target
By 10.18.16 — Updated: 10.19.16
John Stumpf, who “retired” last week from his position as CEO of Wells Fargo due to the company’s fake account scandal, is also taking the opportunity to “retire” from board seats. Oil company Chevron and retailer Target announced today in filings with the Securities and Exchange Commission that Stumpf would be stepping down from their respective boards, both of which he joined in 2010. [More]
Email Addresses For Sprint's Board Of Directors
By 3.14.08
Here are working email addresses for the Sprint board of directors. Should the special phone line Sprint set up for Consumerist readers (703-433-4401) somehow fail to work out or someday cease working, these represent yet a higher level to which you could escalate a long-standing complaint. We hear you can also use these addresses to submit hostile takeover bids.
