John Stumpf
Business Executive
Wells chief stands by Wachovia deal...job losses. Wells Fargo CEO John Stumpf (left) talks off stage, prior to joining Wachovia CEO Bob Steel onstage for an employee meeting inside the Wachovia Atrium in Charlotte, North Carolina, Wednesday, October 15, 2008. California-based... In this article: Wachovia, John Stumpf, Charlotte, Wells Fargo, Wachovia Securities, Credit crunch, Jpmorgan Chase, Bank of America Corp., and Competitive advantage |
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San Jose Mercury News | November 06, 2009
Stumpf Says 'Low-End' California Home Prices Have Stabilized
...Says 'Low-End' California Home Prices Have Stabilized The California real-estate market may have stopped falling for homes with the lowest prices, Wells Fargo CEO John Stumpf said. "California real estate on the low end has found its...
In this article: California, Wells Fargo, Wachovia, San Francisco, and U.S.
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www.latimes.com
Wells Fargo chairman to step down at year's end, bank says
...years, replaced Kovacevich as CEO in 2007 and had been chief operating officer since 2005. He will retain his CEO position when he becomes chairman. The global personal computer market is pulling out of its slump quickly and could defy...
In this article: Wells Fargo, Dick Kovacevich, Bernard L. Madoff, Yahoo Inc., Lowe's Cos., California, and San Francisco
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CNN | April 20, 2009
Can Wells Fargo ride the storm?
Paste this link into your favorite RSS desktop reader Stumpf, with strongbox, took over as CEO last year, succeeding Kovacevich, who built the empire who plans to retire as chairman. Founded in 1852 by Henry Wells and William Fargo, the...
In this article: Henry Wells, Wells Fargo, Wachovia, Dick Kovacevich, Warren Buffett, Berkshire Hathaway, Revenue, TARP, and William Fargo
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Wells Fargo: Riders on the storm
...reader Last Updated: April 20, 2009: 11:40 AM ET Stumpf, with strongbox, took over as CEO last year, succeeding Kovacevich, who built the empire who plans to retire as chairman. Founded in 1852 by Henry Wells and William Fargo, the...
In this article: Wells Fargo, Wachovia, Dick Kovacevich, Citigroup, TARP, Warren Buffett, and Hank Paulson
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San Francisco Chronicle | February 21, 2009
Wells Fargo CEO bullish about business
...improve." Lost amid the gloomy headlines are once-in-a-lifetime chances for consumers, including interest rates that are at a 50-year low and California homes priced below what it would cost to build them, Stumpf said. Then there are...
In this article: TARP, Wells Fargo, San Francisco, Troubled Asset Relief Program, Lehman Bros, Freddie Mac, Fannie Mae, and American International Group
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Charlotte Observer | February 11, 2009
Bank CEOs defend their lending on Capitol Hill
...business, he said. Rep. Edward Royce, R-Calif. : After Royce's question about the origins of the mortgage crisis, Stumpf said the bank was seeing problems in the industry back to 2003. For example, he noted his bank, unlike some...
In this article: Barney Frank, Vikram Pandit, Wachovia, Bank of America Corp., House Financial Services Committee, and Wells Fargo
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Wells Fargo CEO: More mortgage woe to come
...as Wells Fargo's biggest headaches. Reiterating guidance released last month, Stumpf said the home equity losses are likely to rise during the current quarter and remain at "elevated" levels in 2008. Despite the recent trouble, the...
In this article: Wells Fargo, San Francisco, New York City, Insurance Institute for Highway Safety, Angelo Mozilo, Lloyd Blankfein, Countrywide Financial Corp., U.S., and Central Valley
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More on John Stumpf
Description from Wikipedia:
John G. Stumpf (born 1953) is president and chief executive officer of Wells Fargo & Company.
A Minnesota native, Stumpf received his BS degree in finance from Saint Cloud State University and his MBA in finance from the University of Minnesota. He joined Norwest Corporation in 1982 as senior vice president and chief credit officer for Norwest Bank, N.A., Minneapolis. He held a number of management positions at Norwest Bank Minneapolis and Norwest Bank Minnesota before assuming responsibility as president of Norwest Bank Arizona in 1989. He was named Regional President for Norwest Banks in Colorado/Arizona in 1991. From 1994 to 1998, he was regional president for Norwest Bank Texas. During his four years in that position, he led Norwest’s acquisition of 30 Texas banks with total assets of more than $13 billion.
In 1998, with the merger of Norwest Corporation and Wells Fargo & Company, he became head of the Southwestern Banking Group (Arizona, New Mexico and Texas). Two years later he became head of the new Western Banking Group (Arizona, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington and Wyoming). In 2000, he led the integration of Wells Fargo’s acquisition of the $23 billion First Security Corporation, based in Salt Lake City. In May 2002, he was named group executive vice president of Community Banking.
Named president and chief operating officer of Wells Fargo in August 2005, Stumpf was elected to the board of directors in June 2006 and chief executive officer on June 27, 2007.
He serves as Chairman of the Board of Directors for Visa USA, Inc. He also serves on the Board of Directors for Visa International, The Clearing House, the Bay Area chapter of Junior Achievement, the San Francisco Committee on Jobs and the Board of Trustees of the San Francisco Museum of Modern Art. He is also a member of the California Business Roundtable and the Financial Services Roundtable.
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