Bloomberg Law
Free Newsletter Sign Up
Bloomberg Law
Welcome
Go
Free Newsletter Sign Up

Wells Fargo’s New CFO Is the Latest in Wave of Ex-JPMorgan Hires

July 21, 2020, 3:56 PM

Wells Fargo & Co. veterans may have to get used to hearing “Well, at JPMorgan...”

The San Francisco-based lender hired Mike Santomassimo as its next chief financial officer Tuesday, marking the latest in a wave of JPMorgan Chase & Co. veterans that Chief Executive Officer Charlie Scharf has enlisted atop Wells Fargo.

Scharf, a one-time Jamie Dimon protege who spent more than a decade at JPMorgan and its predecessor firms before running Visa Inc. and Bank of New York Mellon Corp., has tapped seven veterans of the nation’s largest bank -- all men -- to serve on his top leadership ...