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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.
Map of Wells Fargo branches in August 2015 Wells Fargo branch in Berkeley, California A former Wachovia branch converted to Wells Fargo in the fall of 2011 in Durham, North Carolina American Express Co. early receipts (1853, 1869) Stagecoach with Christmas gifts at a Wells Fargo Bank, San Francisco Wells Fargo & Co. Express building circa 1860, Stockton, California Mud wagon — Wells Fargo U ...
Jordan married Shirley (née Yarbrough), who died in 1985. They have a daughter, [31] Vickee Jordan Adams, [23] who has worked in public and media relations for Wells Fargo and FGS Global. [32] In 1986 he remarried, to Ann Dibble Jordan and adopted her four children - Antoinette "Toni", Mercer, Janice and Jacqueline. [23]
Wells Fargo offers various standard interest rates, APY, relationship interest rates, and relationship APYs on CDs. The rates range from 1.49% to 5.01%, depending on the term, balance, and type of ...
Wells Fargo's share price fell 10.2% over two days in June 2022, wiping out more than $17 billion of market value, after the New York Times reported the Justice Department probe.
It is not uncommon to feel hesitancy when thinking about discussing finances amongst family members. Key findings in a GOBankingRates survey on financial literacy reveal that more than 1 in 4...
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]
In September 2009 Wells Fargo announced Kovacevich would step down as chairman and a director at the end of 2009 and retire from the company in early 2010 after 23 years with Norwest and Wells Fargo. [9] As of October, 2020, it was reported that he still had an office and personal assistant at Wells Fargo. [10]