Wells Fargo former interim CEO Allen Parker to step down as general counsel
) said on Thursday general counsel Allen Parker, who briefly served as interim chief executive of the scandal-hit U.S bank, will step down next year.The departure, effective March 2020, comes at a time when Charles Scharf is beginning to put his own mark on the bank’s leadership team. Last week, the fourth-largest U.S. bank hired former JP Morgan Chase executive and previous White House official, William Daley, to head public affairs.
“As interim CEO, Allen often spoke of the need for everyone at Wells Fargo to conduct our business with the highest levels of integrity,” Scharf told bank employees in a memo. Parker was thrust into the top position when former CEO Tim Sloan retired, saying pressure from politicians and regulators had become a distraction in running the scandal-plagued bank.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Vendors squeezed in Wells Fargo cost cutting pushAt least seven vendors have given Wells Fargo & Co a partial refund for their se...
Baca lebih lajut »
Kris Kristofferson Gives Surprise Performance at Fargo BarKris Kristofferson surprised customers when he performed with an acoustic guitar at a North Dakota bar after a band taped a request to the singer-songwriter’s tour bus.
Baca lebih lajut »
Vendors squeezed in Wells Fargo cost cutting pushAt least seven vendors have given Wells Fargo & Co a partial refund for their se...
Baca lebih lajut »
Brooklyn Nets CEO David Levy reportedly stepping down after less than two months on the jobDavid Levy is stepping down as CEO of the Brooklyn Nets and Barclays Center, less than two months into his tenure with the team, he told Bloomberg in an interview.
Baca lebih lajut »
Abbott Laboratories CEO Miles White to step down after 2 decades in chargeAbbott Laboratories said Wednesday that Chief Executive Miles White will step down on March 31, 2020, after 21 years in the role. White, who joined Abbott in...
Baca lebih lajut »
Barneys New York Has Officially Been SoldBarneys New York has officially sold to Authentic Brands Group. Barneys CEO Daniella Vitale stepped down following the sale.
Baca lebih lajut »