Wells Fargo CEO Quits In Wake Of Consumer Financial Scandals - news latest update today

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Wells Fargo CEO Quits In Wake Of Consumer Financial Scandals

3/29/2019 , , , , , , , , ,
Wells Fargo CEO Timothy Sloan is questioned by the House Financial Services Committee earlier this month. He will step down immediately, the company announced Thursday.

Wells Fargo announced Thursday that CEO and President Tim Sloan will step down immediately. The company's general counsel Allen Parker was elected to run the company until a new CEO is selected.

(Image credit: J. Scott Applewhite/AP)



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