wells fargo & co (WFC:New York)

Executive Profile*

Background*

Mr. John G. Stumpf has been the Chief Executive Officer and President of Wells Fargo & Company (a holding company of Congress Financial Capital Company and Wells Fargo Canada Corporation) since June 27, 2007 and August 1, 2005 respectively. Mr. Stumpf has been the Chief Executive Officer of Wells Fargo Bank (a subsidiary of Wells Fargo & Co.) since June 2007 and its President since August 1, 2005. He served as the Chief Executive Officer and President of Wells Fargo ... Bank, National Association. He served as the Chief Operating Officer of Wells Fargo & Company from September 1, 2005 to June 2007 and Wells Fargo Bank since August 1, 2005. He served as a Group Executive Vice President of Community Banking at Wells Fargo & Company of Wells Fargo Foothill, Inc. from July 2002 to August 2005, Group Executive Vice President of Western Banking from May 2000 to June 2002, Group Executive Vice President of Southwestern Banking from November 1998 to May 2000 and Regional President of Texas of former Norwest from July 1994 to November 1998. Since 1998, he served as Head of the Southwestern Banking Group (Arizona, New Mexico and Texas) and also served as the Head of the new Western Banking Group (Arizona, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington and Wyoming). Since 2000, he led the integration of Wells Fargo's acquisition of the $23 billion First Security Corporation. He served as an Executive Vice President of Human Resources at Wells Fargo Home and Consumer Finance Group from March 1998 to June 2007. He has been the Chairman of Wells Fargo & Company since December 2009. He serves as the Chairman of The Clearing House LLC. Mr. Stumpf served as the Chairman of VISA U.S.A. Inc., since September 23, 2005. He has been a Director of Wells Fargo & Company since June 27, 2006 and Target Corp., since March 2010. He serves as a Director of Clearing House and Bay Area chapter of Junior Achievement. He has been a Director of Chevron Corp., since 2010. He serves as a Director of Financial Services Roundtable. He also serves as Member of the California Business Roundtable. Mr. Stumpf served as a Director of Wells Fargo Bank, National Association since June 27, 2006. He served as a Director of VISA International and Inovant, VISA's payment-processing subsidiary. He served as a Director of VISA U.S.A., Inc. He serves on the board of trustees of the San Francisco Museum of Modern Art. He served as Member of Litigation Committee at Visa, Inc. Mr. Stumpf holds a Bachelors Degree in Finance and Accounting from St. Cloud State University, St. Cloud, Minnesota and an MBA in Finance from the University of Minnesota.

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