The two Wells Fargo board members who received the lowest vote totals, Enrique Hernandez and Federico Pea, will remain on the board, but director Karen Peetz will replace Hernandez as chair of the risk committee.
Date: Aug 15, 2017
Category: Business
Source: Google
Wells Fargo chairman apologizes to shareholders at annual meeting
The New York State Common Retirement Fund, a pension fund that manages $186 billion in assets and owns more than 13 million Wells Fargo shares, plans to vote against all but the banks two newest board members Karen Peetz and Ronald Sargent, who joined the board this year.
Date: Apr 25, 2017
Category: Business
Source: Google
Outburst by angry Wells Fargo shareholder halts annual meeting
CEO Sloan, who joined the board in October after being named CEO, enjoyed support from 99% of the shares voted. The board's two new independent directors, Karen Peetz and Ronald Sargent, also received near-unanimous support.
Date: Apr 25, 2017
Category: Business
Source: Google
Is Wells Fargo's board to blame? Shareholders will weigh in this week
kely to do just that. The New York State Common Retirement Fund, a pension fund that manages $186 billion in assets and owns more than 13 million Wells Fargo shares, plans to vote against all but the banks two newest board members Karen Peetz and Ronald Sargent, who joined the board this year.
Date: Apr 24, 2017
Category: Business
Source: Google
Wells Fargo fiasco raises question of what corporate boards are for
hareholder Services, an influential company that advises large investors on how to vote in corporate elections, has recommended voting against 12 directors for failure to provide sufficient timely risk oversight. It recommends voting for the two new directors, Karen Peetz and Ronald Sargent, and Sloan.
Date: Apr 22, 2017
Category: Business
Source: Google
Wells Fargo Investors Urged to Jettison Most Board Members
Wells Fargos owners should vote for only three of the banks 15 directors -- Karen Peetz, Ronald Sargent and Chief Executive Officer Tim Sloan -- at the lenders annual meeting later this month, ISS said in a report Friday. Glass Lewis & Co., another proxy adviser, recommended earlier this week
Date: Apr 07, 2017
Category: Business
Source: Google
Wall Street powerhouse wants to eviscerate Wells Fargo
If shareholders break that way during the April 25 meeting, the only board members left would be the CEO Tim Sloan, and two other directors who joined this year: Karen Peetz, a former president of BNY Mellon, and Ronald Sargent, a former CEO of Staples.
Date: Apr 07, 2017
Category: Business
Source: Google
Two Penn State trustees say school has proposed settlement in NCAA lawsuit ...
The trustees will gather for meetings Thursday and Friday. It will include the last appearance by former chairman Karen Peetz, who last Friday said she is resigning Thursday, citing schedule conflicts with her duties as BNY Mellon president.