Wells Fargo & Co.’s board tapped Shearman & Sterling LLP to advise it on executive compensation matters, amid calls to claw back certain executives’ pay over the bank’s sales-tactics scandal, people familiar with the matter said. Robert Mundheim, a lawyer at the firm, is advising the Wells Fargo board on whether it should claw back pay of Chief Executive John Stumpf, Chief Operating Officer and President Timothy J. Sloan...

Source: Wall Street Journal September 23, 2016 20:07 UTC