Wells Fargo gives its CEO a $4.6m raise on flat earnings and more scandals

[Urbanacus]

@Alfred_Packer1

Corporate boards are generally filled with the CEO’s buddies, many of whom sit on multiple boards and collect significant compensation for showing up once a year to rubber-stamp the CEO’s requests. Few directors actually represent the investors’ interests, and even fewer could give a fxxk about the workers. Yet it is the workers who create the profits.

You left out the complacent OWNERS! People own this company, yet let lapdog boards give away THEIR money for flat performance and godawful PR.