Wells Fargo board intends to name CEO Scharf to additional role of chairman

20 hours ago 1
 Wells Fargo Retail Bank II

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Wells Fargo's (NYSE:WFC) board intends to add chairman to CEO Charlie Scharf's role and awarded him a special equity grant of $30M in restricted share rights and 1.046M stock options, the company said on Thursday.

Once Scharf becomes chairman, the board

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