Wells Fargo Investors Approve Executive Pay, CEO Underscores Risk Controls

April 30, 2024

By Nupur Anand NEW YORK (Reuters) – Wells Fargo shareholders on Tuesday approved its plans for executive compensation with a majority vote, including hiking CEO Charlie Scharf’s 2023 package to $29 million. His compensation for 2022 was $24.5 million. Scharf told investors at the bank’s annual meeting …

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