Wells Fargo CEO and President Sloan to Retire

March 29, 2019

Wells Fargo’s CEO and president Timothy J. Sloan will retire from the company, effective June 30, 2019, and will step down as CEO, president, and board member effective immediately. The board has elected C. Allen Parker, who served as the company’s general counsel, as interim CEO and president (and member of the board), effective immediately. An external search process will now begin for the company’s new CEO and president.

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