STUMPF John
Person
STUMPF John

STUMPF
John

American business executive and retail banker

Date of Birth: 15 September 1953

Age: 70 years old

Zodiac sign: Virgo

Profession: Business executive

Content

Biography

John Gerard Stumpf is an American business executive and retail banker. He was the chairman and chief executive officer of Wells Fargo, one of the Big Four banks of the United States. He was named CEO in June 2007, elected to the board of directors in June 2006, and named president in August 2005.

He became chairman in January 2010. Stumpf resigned as chairman and CEO of Wells Fargo on October 12, 2016, after a scandal involving customer accounts and subsequent pressure from the public and lawmakers. He was succeeded by Timothy J. Sloan.

Career

In 1982, Stumpf joined Northwestern National Bank, the flagship bank of Norwest Corporation. He worked in the loan administration department and then became 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 for 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.

Norwest merged with Wells Fargo in 1998. Norwest was the nominal survivor, but the merged bank retained the Wells Fargo name. Stumpf became head of Wells Fargo's 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 EVP of Community Banking. In December 2008, he led one of the largest mergers in history with the purchase of Wachovia.

Stumpf became CEO of Wells Fargo in June 2007 and chairman in January 2010. In 2012, Stumpf's total compensation was $22.87 million with a base salary of $2.8 million, $3,300,000 in cash bonuses, $12.5 million in stock granted, and $15,000 in other compensation.

Stumpf served as director of National Association since June 27, 2006, and a Member of Litigation Committee at Visa Inc. After he retired, he and his wife bought a home near Mummy Mountain in Paradise Valley, Arizona.

Rating GlobalNY.biz

Takes place
general
№1113
general
Takes place
area
№134
In rating
Business
area
Takes place
№1
In rating
Business executive
profession

Mentioned together

Сhief executive officer of Microsoft
1 place
Lead of an advanced AI research team at Microsoft
2 place
Chief Executive Officer of the OpenAI
3 place
Chief Scientist of OpenAI
4 place

Born in one day

Date of Birth: 15.09.1953. Age: 70. Zodiac sign: Virgo.
(Snake) .
Horoscope Virgo: horoscope for today, horoscope for tomorrow, horoscope for week, horoscope for month, horoscope for year.
Days left until next birthday: 111 Days.
American professional baseball pitcher for the Philadelphia Phillies of Major League Baseball (MLB)
1 place
English professional footballer
2 place
Personal attorney Donald trump
3 place
American actor and filmmaker
4 place
Politician in Nevada
5 place

Profile statistic

mentions
views
Companies rating
Major League Baseball (MLB)
70 Persons
National Football League (NFL)
40 Persons
National Basketball Association (NBA)
30 Persons
Morgan Stanley
20 Persons
Ultimate Fighting Championship (UFC)
20 Persons
Apple
19 Persons
United States House of Representatives
17 Persons
White House
16 Persons
Merck
15 Persons
Foot Locker
14 Persons
GlobalNY.biz pays special attention to the activities of famous people: politicians, officials, businessmen, bankers, cultural and sports figures. Their opinion largely determines the development of political, social and economic life in New York. The section is constantly edited by our journalists for the relevance of information. Here you can find information about CEOs and presidents of top New York companies, officials and public figures who play a key role in the development of the region.
The goal of the project is to create a comfortable information space for all market actors, as well as to acquaint the readership with business people in New York.
We have created an impressive database of people in New York, which contains information about a career path, education and other important information about a person.
Thanks to automatic counting of the number of mentions of a person in the news sections " New York News ”and“ New York Press Releases ”on the portal the rating of popularity and influence of persons is formed. The GlobalNY.biz team monitors rating changes and rewards project participants for their success. In general, the rating of participants is based on an in-depth analysis of the activity of PR services of famous people, and also reflects the qualitative state of the information field formed by the media and press services around the organization.
Business People of New York is a project about people who, through their ideas, words and deeds, have a great influence on the development and prosperity of New York.
Alena Potapova

Development Director
Population
8126701738
Died this year
23888652
Born this year
58770312