Wells Fargo CEO Tim Sloan lands $2 million bonus day after congressional beatdown

Wells Fargo CEO Tim Sloan lands million bonus day after congressional beatdown
Looks like Tim Sloan’s week is looking up. On Tuesday, the Wells Fargo CEO received a brutal lashing from Congress during a four-hour hearing before the House Financial Services Committee, during which he was raked over the coals for the bank’s numerous misdeeds. But just a day later, the board of directors gave Sloan a 5% raise, increasing his total pay to a whopping $18.4 million, which includes a $2 million bonus.
Source: https://www.housingwire.com/rss

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