Kate Allen has been named the new president of the Society of Memorial Sloan Kettering.
. : "So, hypothetically, if there was a leak from the Dakota Access Pipeline, why shouldn't Wells Fargo pay for the cleanup of it, since it paid for the construction of the pipeline itself?" CEO Sloan'>Timothy Sloan: "Because we don't operate the pipeline."
2017: CEO Sloan'>Tim Sloan tells me I'm “using math inappropriately” when I say he'll need to fire 20k employees to meet his cost projections. Today: He says Wells will fire up to 26k workers, while doing billions in stock buybacks. Sloan's the one who should be fired.
Last year, CEO Sloan'>Tim Sloan told me he really values his employees. Since then, he’s announced plans to fire more than 20k of them while dedicating $60 billion to stock buybacks for shareholders (like himself). I’d say it’s pretty clear what he values.
Dear Sloan'>Tim Sloan: is getting sanctioned by regulators left and right. You already made 291x more than your average employee. Now you’re getting a $4.6 million raise and want praise because you’re not getting a bonus on top? You should be fired, not rewarded.