Yes, this year’s Well Fargo’s annual meeting was chaotic. There was, however, a valuable lesson or two to be learned from what the scandal-weakened bank did right.
We start with the “bad,” as reported by darn near everyone, this publication included. As the meeting convened on April 25, there was little doubt that a contingent of shareholders would be out for blood. The only question was whether they had enough sway to remove directors and impose new managerial demands.
