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John Stumpf's resignation from Wells Fargo won't solve the bank's management problem

Wells Fargo Chairman and Chief Executive John Stumpf fulfilled the prediction of a growing volume of tea leaves Wednesday by announcing his immediate resignation from the bank company. Stumpf’s departure is a clear sign that the bank wishes to put its scandal, in which employees laboring under...
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Wells Fargo CEO Resigns After Massive Scam Scandal

LGBT / Gay : Joe. My. God.

Via press release: Wells Fargo & Company announced today that Chairman and Chief Executive Officer John Stumpf has informed the Company’s Board of Directors that he is retiring from the Company and the Board, effective immediately. ...

California Attorney General Launches Criminal Probe Into Wells Fargo Over Identity Theft

Business & Finance : Zero Hedge

John Stumpf is now gone from Wells Fargo, but his - and the bank's - problems may be just starting. According to a report by the LA Times, California Department of Justice is investigating Wells Fargo on allegations of criminal iden...

Senator calls for Wells Fargo CEO to resign over sales scandal

Business & Finance : LA Times: Business

Lawmakers ripped into Wells Fargo & Co. head John Stumpf on Tuesday over the banking giant’s sales-practices scandal, with one senator calling on Stumpf to quit as chairman and chief executive. “You should resign,” Sen. Elizabeth Wa...

Wells Fargo's former CEO just resigned from the boards of Target and Chevron (WFC, TGT, CVX)

Business & Finance : Business Insider: Money Game

Recently retired Wells Fargo CEO John Stumpf has resigned as a board member of Target and Chevron. Regulatory filings from both companies on Tuesday contained the news. "Mr. Stumpf resigned for personal reasons and not as a result o...

Wells Fargo Chairman and CEO John Stumpf is retiring immediately

Issues & Causes / Environmentalism : Greenspace

John Stumpf has resigned as chairman and chief executive of Wells Fargo & Co., bowing to mounting criticism from lawmakers and others who said he should lose his job over revelations that bank employees created as many as 2 million ...


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