Wells Fargo Directors Step Down Days Before Grilling by Congress

Wells Fargo & Co said on Monday Elizabeth Duke had resigned as the chair of its board, effective March 8.
Wells Fargo Directors Step Down Days Before Grilling by Congress
Elizabeth Duke in a file photo. Joshua Roberts/Getty Images
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Wells Fargo said on Monday two directors, including Chairwoman Elizabeth Duke, have resigned, effective from March 8, days before they were set to appear before the Congress as part of an investigation into bank’s sales practices.

In a statement, the bank named James Quigley as the other board member who stepped down.