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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.
Wells Fargo & Co's U.S. regulator on Thursday announced it had banned former Chief Executive John Stumpf from the banking industry and charged him and seven other former executives combined more ...
And it was nearly three years after Wells Fargo began cleaning house in its retail operations, firing 1,000 employees a year who, if the bank is to be believed (ha ha), were furthering the fraud ...
The $2.5-million fine imposed by the SEC on Wells Fargo's John Stumpf isn't even a slap on the wrist. Column: In legal settlement, Wells Fargo's discredited ex-CEO gets a wet smooch from the SEC ...
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
Wells Fargo's board of directors will release its investigation into the bank's fraudulent accounts scandal, pinning blame on two former executives.
Carrie L. Tolstedt is an ousted American banking executive and former head of the community banking division at Wells Fargo, [1] from which she retired in 2016 before the company's account fraud scandal came to light. In 2017, Wells Fargo retroactively fired Tolstedt for cause. In 2023, she would plead guilty to obstructing a bank examination.
Stumpf will retire after a Congressional probe and lawsuits following complaints that fake customer accounts were opened. Wells Fargo CEO John Stumpf retires, replaced by Tim Sloan Skip to main ...