Wells Fargo taps one-time Dimon protégé Scharf to lead turnaround | Sharefundss

Wells Fargo taps one-time Dimon protégé Scharf to lead turnaround

After a difficult, months-long search for a new chief executive, scandal-plagued Wells Fargo & Co named as its next leader Charles Scharf, a one-time Jamie Dimon protégé known on Wall Street as a detail-oriented number cruncher who excels in streamlining operations. Scharf, 54, who joins the fourth-largest U.S. bank next month, has been the CEO of Bank of New York Mellon and Visa Inc .

 
Reuters: Money News