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John Gerard Stumpf (born September 15, 1953) [2] is an American business executive and retail banker. He was the chairman and chief executive officer of Wells Fargo, one of the Big Four banks of the United States. He was named CEO in June 2007, elected to the board of directors in June 2006, and named president in August 2005.
Children. 3. Timothy J. Sloan (born 1959/60) is an American banker. He was the chief executive officer (CEO) of Wells Fargo from October 2016 until he resigned in March 2019, after significant pressure related to an ongoing controversy related to an account fraud scandal. [2][3][4] He had previously been chief operating officer (COO) and chief ...
In March 2019, CEO Tim Sloan resigned amidst the Wells Fargo account fraud scandal and former general counsel C. Allen Parker became interim CEO. [87] In July 2019, Principal Financial Group acquired the company's Institutional Retirement & Trust business. [88] On September 27, 2019, Charles Scharf was announced as the firm's new CEO. [89]
Wells Fargo's CEO Tim Sloan stepped down Thursday, saying he'd become too much of a political target after a rocky tenure during which the deeply troubled bank dealt with a seemingly unending wave ...
Parker, 64, was thrust into the position in March when former CEO Tim Sloan resigned abruptly, saying pressure from politicians and regulators had become a distraction in running the scandal ...
Here were 30 of the most shocking and riveting CEO and executive exits of 2019: Whether it was the retirement of Wells Fargo CEO Tim Sloan or the exit of Jerry Stritzke from REI after the reveal ...
The List of Wells Fargo presidents includes those persons who have served as President of Wells Fargo since 1852. It includes the presidents of the express mail company from 1852 to 1918 and of the Wells Fargo Bank, which was separated from the express company in 1905 and merged with the Nevada National Bank to form the Wells Fargo Nevada National Bank - the lineal ancestor of the present ...
The chief executives of JPMorgan, Bank of America, Citigroup, Wells Fargo and other major U.S. retail banks will be grilled this week by lawmakers on a slew of issues, from the state of the ...