Shareholders should be so PO’d that the company ia doing so poorly. The BOD keeps portraying a successful CEO, yet an asset cap remains in place 5 years later(Meaning we cant grow!) and we continue to incur multi-billion dollar fines and embarrassing lawsuits. Yet they increase the captains base salary by a few million(when he publicly stated he would not accept a raise this year).
Shareholders should seriously call a vote of no confidence (IMO). This so called “multi-year effort” is a sham! guess what senile BOD, it has been almost 5 years since your golden boy was hired! What has been achieved? And by achieved, I mean when has the bank correctly remediated an order without paying billions in fines.
I am sorry to those who lost there jobs. You troops know the truth. Fact is, we keep losing real talent, and important mentors due to the current practices and toxicness caused by this CEO. Who just hired a bunch of people so he can insulate himself in my opinion.
Someone Fire this guy. The company is being run in a short sighted manner. BOD, DO YOUR JOBS! The stagecoach is out of control and the captain clearly cant save it. He has had hod histime, and plenty of compensation to fix the issues. The asset cap should have been lifted by now if this guy was delivering. He is not!
He is Mr. Shortsighted. Wells Fargo’s captain (CEO) reminds me of the id--t cruise ship captain who brought the cruise ship to close to the coast for a closer look. Well guess what, he crashed so badly, herolled the ship over. Then he was already in the lifeboat before the “abandon ship order was given”. Took years to cleanup the mess. Wells guess what, Wells Fargo is “already at the coast people”. The short sightedness by Wells Fargo’s are resulting in the same due to incompetence. Demand action, and pull back before it is too late!
#WFC
#WELLSFARGO
#WELLSFARGOBANK
#THEFACTS
#WFPROBLEMS
#RICHGETRICHER
#DOTHERIGHTTHING
#INEQUALITY
#WFCSHAM