Apr
25
Wells Fargo Shareholders Tepidly Re-elect Bank’s Directors
ByPONTE VEDRA BEACH, Fla. — Despite the turmoil that has engulfed Wells Fargo in the past year, shareholders voted on Tuesday to re-elect all of the bank’s 15 directors. But some of the board members edged in just barely, a sign that many shareholders want further changes in the bank’s leadership.
Activist shareholders had hoped to remove some or all of the board’s incumbents in the aftermath of the bank’s sales scandal, but every board member won support from at least 53 percent of the shareholders casting votes…