The Sole Purpose Of CEO Jon Stumpf's Wells Fargo

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This fear and intimidation was brought on by the extreme sales goals set by the company, which included selling various products to every day depositors who only wanted to maintain their standard checking account. Each employee was expected to push at least eight other accounts on these customers and they would be monitored on a regular basis to be determined if they were meeting their required quotas (Hightower, 2016). All this pressure pushed from management to the employees would squeeze employees to their breaking point, which was all for the sole purpose of CEO Jon Stumpf and his board of directors to drive up values on the Wells Fargo stock and put millions of dollars in their own pockets while others suffered (Cameron, 2016). Based
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