December 6, 2016
Illinois Treasurer Michael Frerichs has co-filed a shareholder resolution with the Connecticut State Treasurer which pushes for changes to Wells Fargo's' bylaws.
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Treasurer Frerichs Signs Resolution Calling on Wells Fargo to Require Independent Board Chair
SPRINGFIELD – Illinois Treasurer Michael Frerichs announced recently that he has co-filed a shareholder resolution with Connecticut State Treasurer Denise L. Nappier to require a change to Wells Fargo bylaws. The change would require the C hair of the Board of Directors to become an independent member of the board.