Wells Fargo & Co shareholders voted to elect all of the company-nominated direct...
FILE PHOTO: A Wells Fargo logo is seen in New York City, U.S. January 10, 2017. REUTERS/Stephanie Keith
The majority of the San Francisco-based bank’s 12 board members joined Wells Fargo after the bank became mired in scandal in late 2016 for opening potentially millions of unauthorized accounts. Board Chair Betsy Duke and interim Chief Executive Allen Parker faced questions about why investors should vote for the five directors who were at the bank at the time of the wrongdoing.
“One of the wonderful things about shareholder democracy is that we have meetings like this,” said Parker as the activists were escorted out.
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