Wells Fargo board survives shareholder vote

Wells Fargo board survives shareholder vote

Capping a dramatic, nearly three-hour annual shareholder meeting in Florida, Wells Fargo announced Tuesday that all of its directors had been re-elected but some barely received a majority, a strong rebuke to a board that oversaw the bank during its sales scandal. All but three of the directors received less than 81% of the shares cast, with risk committee chairman Enrique Hernandez Jr. receiving the lowest tally, 53%.

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