1. Wells Fargo Investment Unit Paid Board Member's Son $1.4 Million

    Wells Fargo Investment Unit Paid Board Member's Son $1.4 Million

    “It compromises both the executive and the director,” said Nell Minow, a corporate-governance consultant at GMI Ratings who co-founded the Corporate Library, based in Portland, Maine. “If it were me advising the company, I would tell them not to do it under

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Question of The Week, Sponsored Content
  2. Quotes

    1. It compromises both the executive and the director.
    2. The company was unaware of the family relationship with Mr. Quigley until after the job offer had been made.
    3. It raises independence issues for the father.
    4. These relationships are problematic.
  3. Authors