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Wells Fargo Board of Directors Announces Intention to Name CEO, Charlie Scharf, Chairman

SAN FRANCISCO, July 31, 2025--Wells Fargo & Company (NYSE: WFC) today announced that the Board of Directors of Wells Fargo intends to appoint Charlie Scharf, Chief Executive Officer, Wells Fargo, as Chairman of the Board. When Mr. Scharf becomes Chairman, the Board intends to appoint a Lead Independent Director to support the Board’s continued independent oversight.

articleWells Fargo & CompanyJuly 31, 20253/company/wells-fargo-and-company/news/wells-fargo-board-of-directors-announces-intention-to-name-ceo-charlie-scharf-chairman
Wells Fargo Board of Directors Announces Intention to Name CEO, Charlie Scharf, Chairman

About this update from Wells Fargo & Company

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Charlie ScharfWells Fargo & CompanyChairman of the BoardWells Fargo buildingshareholder valuethe companyEquity Awardfinancial performanceBoard of Directors