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After the merger, Kovacevich was given the positions of president and CEO of Wells Fargo. In 2001 he was elected chairman as well. He relinquished the presidency of Wells Fargo to John Stumpf in August 2005. On June 27, 2007, the board of directors elected Stumpf CEO, with Kovacevich retaining the chairmanship.
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 ...
He was named CEO in June 2007, elected to the board of directors in June 2006, and named president in August 2005. He became chairman in January 2010. Stumpf resigned as chairman and CEO of Wells Fargo on October 12, 2016, after a scandal involving customer accounts and subsequent pressure from the
The former longtime president and chief executive officer of Wells Fargo New Mexico and West Texas, died Feb. 24 in Midland, Texas, where he most recently resided. Willard was 78. "Larry was ...
Wells Fargo CEO Charles Scharf said when he took over the top job in 2019 that his "first priority" was to clean up the bank's many messes. ... Former Wells Fargo CEO Tim Sloan testifies before a ...
Former CEO John Stumpf was also hit with a $17.5 million civil penalty. Former Wells Fargo CEO barred from industry, other execs charged for role in phony account scandal Skip to main content
On September 27, 2019, Scharf's appointment as President and CEO of Wells Fargo was announced. "Chainsaw Charlie," as he has come to be known within the company, has committed to major cuts within the company. [11] Scharf said he would continue to live in New York with his family and commute frequently to Wells Fargo's headquarters in San ...
In his banking career he joined Wells Fargo in 1970, [3] rising to the post of president in 1978. [4] [5] He was president of Wells Fargo & Company from 1978 to 1983 and then chief executive officer and chairman of the board of directors until the end of 1994. [3] [6] He was also named chief operating officer in 1981.