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Wells Fargo execs get pay bump

Mar. 16, 2017 3:28 AM ETWells Fargo & Company (WFC) StockWFCBy: Yoel Minkoff, SA News Editor18 Comments
  • While he was only CEO for a few months in 2016, Wells Fargo's (NYSE:WFC) Timothy Sloan received $12.8M for his work last year, a 17% increase, despite scrapping executive bonuses in light of an accounts scandal that rocked the bank.
  • Finance chief John Shrewsberry and David Carroll, who heads wealth and investment management, also received bigger pay packages for 2016 despite the absence of bonuses.

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