Charles Scharf
Charles Scharf has served as the CEO and President of Wells Fargo & Company since October 2019. During his tenure, he has focused on transforming the institution by strengthening its risk management and operational foundation, simplifying the business, and driving cultural change. Under his leadership, Wells Fargo has achieved significant regulatory milestones and delivered strong financial performance. Charles Scharf became CEO of Retail Financial Services for JPMorgan Chase & Co. in 2004, overseeing a vast retail banking operation. From 2012 to 2016, he served as CEO of Visa Inc., where he significantly increased shareholder return by over 130% and transformed the company into a digital payments platform. Scharf then led The Bank of New York Mellon as CEO from 2017 to 2019, demonstrating a strong track record in leading change and innovation. In October 2019, he was appointed CEO and President of Wells Fargo, taking on the challenge of leading the company's transformation. His extensive experience across major financial institutions positions him to guide Wells Fargo in its mission to rebuild trust and enhance its services.
About Wells Fargo
Wells Fargo, founded in 1852 by Henry Wells and William Fargo, is a multinational financial services company. They serve individuals, businesses, and institutions with banking, investment, and mortgage products. Core features include checking/savings accounts, loans, credit cards, and wealth management. Benefits include comprehensive financial solutions and resources for financial success.