Wells Fargo Consumer & Small Business CEO Mary Mack to Retire

April 13, 2023, 2:59 PM UTC

Wells Fargo & Co. said its consumer and small business banking Chief Executive Officer Mary Mack will retire from the bank to be succeeded by head of technology Saul Van Beurden.

“Mary has spent her entire career at Wells Fargo, which spans nearly four decades,” Wells Fargo CEO Charlie Scharf said in a statement. “She has led consumer & small business banking for the past seven years, leading through a significant amount of change, including defining a new path forward for the business.”

The change is effective May 15.

Mary Mack
Photographer: Earl Gibson III/Getty Images

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