Tag: elizabeth-dilts

  • Wells Fargo CEO John Stumpf quits, replaced by Tim Sloan

    By Dan Freed and Elizabeth Dilts NEW YORK (Reuters) – Wells Fargo & Co's veteran chairman and chief executive officer, John Stumpf, abruptly departed on Wednesday bowing to pressure over its sales tactics that has damaged the bank's reputation and put Wall Street under renewed scrutiny. San Francisco-based Wells Fargo said Stumpf, 63, was retiring…