Tim Sloan news and trends

Wells Fargo Hires Headhunter For CEO Search
Personnel // April 26, 2019

Wells Fargo has hired executive search firm Spencer Stuart to search for a new CEO. The banking giant wants to hire a woman who can deal with public perception and regulatory issues, according to a report by Reuters. The bank aims to become the only...

Sloan Alone: Why The Wells Fargo CEO (Perhaps) Had To Go
Personnel // March 29, 2019

Pushed?  Jumped ?  The speculation begins and runs rampant as Timothy Sloan steps down from Wells Fargo’s helm – and yes, shares popped.  In the meantime, the bank still will have to contend with a spate of scandals that linger no matter whose name is...

Wells Mulls Ex-President Harvey Schwartz As CEO
Personnel // March 22, 2019

Harvey Schwartz, the former president and co-chief operating officer of Goldman Sachs, is reportedly in talks to become the next CEO of Wells Fargo. The New York Post reported that members of Wells Fargo’s board have been meeting with Schwartz, who was beat out by David Solomon...

Rep Waters Backs Ouster Of Wells Fargo CEO Over Bonus
Banking // March 15, 2019

U.S. Representative Maxine Waters (D-CA) called for Wells Fargo CEO Tim Sloan to step down from his job after it was revealed that he received a $2 million bonus last year. The bank disclosed Sloan’s compensation this week, including the fact that he received a...

Interviews & Exclusives
Sloan Alone: Why The Wells Fargo CEO (Perhaps) Had To Go

March 29, 2019
Pushed?  Jumped ?  The speculation begins and runs rampant as Timothy Sloan steps down from Wells Fargo’s helm – and yes, shares popped.  In the meantime, the bank still will have to contend with a spate of scandals that linger no matter whose name is etched upon the CEO’s door.

A Tale of Two Banks

April 14, 2017
Strength for JPMorgan and weakness for Wells, but with, maybe, a green shoot? Fortunes and earnings varied, but digital made inroads at both.

Quick Reads
Former CEO Tim Sloan Sues Wells Fargo for $34 Million 

December 01, 2023
Former Wells Fargo CEO Tim Sloan has filed a lawsuit against the company, seeking over $34 million in unpaid compensation.  Sloan alleged that Wells Fargo unlawfully withheld his deferred pay and bonus after he stepped down as CEO in 2019, Bloomberg reported Friday (Dec. 1). In addition to the financial claims, Sloan is also seeking damages for emotional distress.  […]

Wells Fargo Hires Headhunter For CEO Search

April 26, 2019
Wells Fargo has hired executive search firm Spencer Stuart to search for a new CEO. The banking giant wants to hire a woman who can deal with public perception and...

Wells Mulls Ex-President Harvey Schwartz As CEO

March 22, 2019
Harvey Schwartz, the former president and co-chief operating officer of Goldman Sachs, is reportedly in talks to become the next CEO of Wells Fargo. The New York Post reported that members...

Rep Waters Backs Ouster Of Wells Fargo CEO Over Bonus

March 15, 2019
U.S. Representative Maxine Waters (D-CA) called for Wells Fargo CEO Tim Sloan to step down from his job after it was revealed that he received a $2 million bonus last...