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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 .
Tim Sloan claims he was a scapegoat in the bank’s massive sales account scandal. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to ...
Wells Fargo & Co (NYSE: WFC) CEO Tim Sloan was the first of several upcoming big U.S. bank CEOs to testify in front of Congress on Tuesday. Sloan faced a tough grilling from the House Financial ...
Here’s what the surprise departure and the search for an external replacement mean to investors.
Wells Fargo's sales culture and cross-selling strategy, and their impact on customers, were documented by the Wall Street Journal as early as 2011. [5] In 2013, a Los Angeles Times investigation revealed intense pressure on bank managers and individual bankers to produce sales against extremely aggressive and even mathematically impossible [7] quotas. [8]
Exhibits included an extensive collection of western-themed art depicting Wells Fargo's role in the mines of Arizona, a 19th-century stagecoach, telegraph equipment and minerals. [ 3 ] After anchor tenant Wells Fargo departed for its suburban campus located in nearby Chandler , the Phoenix City Council voted in July 2021 to purchase the ...
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 ...
Wells Fargo & Co's board of directors awarded Chief Executive Timothy Sloan $12.8 million for his work last year, a 17 percent increase.