Wells Fargo CEO Scharf to join board as chairman

Wells Fargo‘s board on July 31 announced its plans to appoint Chief Executive Charlie Scharf as chairman.  With the additional title, Scharf will receive a one-time equity grant of $30 million, comprising restricted share rights and 1.046 million stock options, vesting over years four through six, according to the $1.7 trillion bank‘s release.  The board […]