Wells Fargo reportedly in talks with former Goldman executive Harvey Schwartz to be new CEO [Toronto Globe and Mail (Ontario, Canada)]
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Source: Toronto Globe and Mail
Wells Fargo in talks with former Goldman executive Harvey Schwartz to be new CEO: report Wells Fargo & Co’s board is in talks with Harvey Schwartz, the former president and co-chief operating officer of Goldman Sachs Group Inc, to take over as the bank’s chief executive, the New York Post reported on Thursday, citing people briefed on the discussion. A Wells Fargo spokesperson told Reuters that there was “no validity” to rumors the bank was in talks with potential candidates for the CEO position. Since Tim Sloan took over as the scandal-plagued bank’s CEO in 216, politicians and analysts have repeatedly questioned whether he was the right person to turn Wells Fargo around. Story continues below advertisement The bank’s board has consistently defended Sloan, saying his deep knowledge of Wells Fargo was an asset. In September the bank’s chair, Betsy Duke, shot down a similar NY Post report that the board was seeking to replace Sloan with former Goldman Sachs executive and Trump adviser
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