Avi Ben-Hutta
Editor at Coverager
Wells Fargo

Wells Fargo CEO John Stumpf steps down

After 10 years at the helm, Wells Fargo CEO John Stumpf steps down willingly; walking away with a $134.1 million package. (Craig David comes to mind). Recall: the bank came under fire for its cross-selling-slash-sales-tactics, where it opened some 2 million fraudulent customer accounts. Tim Sloan will replace Stumpf as CEO. The tweet on the street. Below.

 

wellsfargo_tweet

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