California Treasurer and gubernatorial candidate John Chiang turned up the heat on Wells Fargo CEO Tim Sloan, calling for the long-time veteran of the bank to resign.
Chiang sought Sloan’s resignation in a letter sent to the bank March 1 after Wells (NYSE: WFC) said four directors are retiring at this year's annual meeting in April.
The retiring directors include three that Chiang had wanted off the board: Dignity Health CEO Lloyd Dean, Enrique Hernandez Jr., chairman and CEO of Inter-Con Security…