Oregon State Treasury to press Wells Fargo for major changes

State Treasurer Ted Wheeler said that Oregon trust funds, which have holdings of $1.14 billion with the San Francisco-based bank, will push for better accountability by separating the roles of board chairman and chief executive. "As a responsible shareholder, we will hold corporate leadership accountable and demand reforms including a ban on bonuses connected to fraud, " said Wheeler. Oregon State Treasury will also seek to "force" the company to claw back any previously paid compensation linked