Keyword Analysis & Research: ceo of wells fargo fired

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Why do CEOs get fired?

Often, we assume CEOs get fired because poor financial performance. But there is more to it than that. Sometimes they are their own worst adversaries. This article unpacks some of the underlying reasons why companies send CEOs packing. Back in 2000 the tenure of a CEO was 10 years on average.

What was the scandal of Wells Fargo?

The Wells Fargo scandal began because of a high pressure corporate environment where its employees were expected to meet ambitious sales quotas or face demotions or job loss. Over the course of five years, the bank employees opened upwards of two million unauthorized accounts without consulting with their customers.

What is the Wells Fargo account scandal?

Jump to navigation Jump to search. The Wells Fargo account fraud scandal is an ongoing controversy brought about by the creation of millions of fraudulent savings and checking accounts on behalf of Wells Fargo clients without their consent.

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