Timothy J. Sloan
Timothy J. Sloan | |
|---|---|
| Born | 1959 or 1960 (age 63–64)[1] |
| Nationality | American |
| Alma mater | University of Michigan |
| Occupation | Banker |
| Title | Former CEO and president, Wells Fargo |
| Term | October 2016-March 2019 |
| Predecessor | John Stumpf |
| Successor | C. Allen Parker (interim CEO) |
| Spouse | Married |
| Children | 3 |
Timothy J. Sloan (born 1959/60) is an American banker. He was the chief executive officer (CEO) of
account fraud scandal.[2][3][4] He had previously been chief operating officer (COO) and chief financial officer (CFO).[5]
Education
Sloan earned a BA in economics and history and an MBA in finance and accounting, both from the
University of Michigan–Ann Arbor.[4]
Career
Sloan worked as a bank teller at
Continental Illinois National Bank and Trust.[6] In 1987, he joined Wells Fargo, rising to COO and president in November 2015.[3]
Consumer Financial Scandals
On March 28, 2019 Sloan quit Wells Fargo effective June 30, 2019 after struggling for two and a half years to contain scandals that led to public criticism by US bank regulators and calls in Congress for his departure.[7]
In the Netflix series Dirty Money, he is shown to refrain from shaking an ex-employees hand prior to a testimony. He resigned 2 weeks later.
Personal life
Sloan is married, with three adult children, and lives in San Marino, a suburb of Los Angeles.[1][8]
References
- ^ a b "Wells Fargo turns to no-nonsense professional Tim Sloan". Ft.com. Retrieved 2016-10-17. (subscription required)
- ^ Puzzanghera, Jim (28 March 2019). "Wells Fargo CEO Tim Sloan steps down as bank struggles to get past scandals". Los Angeles Times.
- ^ a b "List of Public Companies Worldwide, Letter - Businessweek - Businessweek". Bloomberg.com. Retrieved 2016-10-17.
- ^ a b "Timothy J. Sloan Biography : President, and CEO : Wells Fargo". Wellsfargo.com. Retrieved 2016-10-17.
- ^ "Timothy J. Sloan Biography –President, and CEO – Wells Fargo". www.wellsfargo.com. Retrieved 2018-08-23.
- ^ Glazer, Emily (2015-11-18). "Wells Fargo Picks the Next in Line". WSJ.com. Retrieved 2016-10-17.
- ^ "Tim Sloan steps down as Wells Fargo chief executive". Financial Times.
- Huffington Post. Retrieved 2016-10-17.