Wells Fargo Board Actively Considering Executive Clawbacks – Wall Street Journal

Wells Fargo & Co.’s board is actively considering whether to claw back pay from former retail-banking head Carrie Tolstedt as well as from Chief Executive John Stumpf, according to a person familiar with the matter.

The board is deliberating in the wake of the bank’s sales-tactics scandal and could make a decision as soon as Tuesday, the…

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