Wells Fargo execs win investors’ support for bigger paychecks
Wells Fargo & Co.’s leaders deserve fatter paychecks after a tough year, according to investors.
Shareholders voted Tuesday 92.4 percent in favor of the bank’s executive compensation plan, based on preliminary results released at Wells Fargo’s annual meeting in Des Moines, Iowa. The outcome is a sign of support for management despite more than two hours of at-times heated commentary at the event.
This year’s result is down from the 96 percent approval rate in 2017. So
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