John Stumpf
- January 9, 2024
- Executive
Quick Facts
| Full Name | John Stumpf |
| Occupation | Executive |
| Date Of Birth | Sep 15, 1953(1953-09-15) |
| Age | 71 |
| Birthplace | Pierz |
| Country | United States |
| Birth City | Minnesota |
| Horoscope | Virgo |
John Stumpf Biography
| Name | John Stumpf |
| Birthday | Sep 15 |
| Birth Year | 1953 |
| Place Of Birth | Pierz |
| Home Town | Minnesota |
| Birth Country | United States |
| Birth Sign | Virgo |
| Parents | Elvira Stumpf, Herb Stumpf |
| Siblings | Steve Stumpf, Joel Stumpf, Jessie Stumpf, Claude Stumpf |
| Spouse | Ruth Spanier |
John Stumpf is one of the most popular and richest Executive who was born on September 15, 1953 in Pierz, Minnesota, United States.
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. Although Norwest was the nominal survivor, 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.
John Stumpf Net Worth
| Net Worth | $5 Million |
| Source Of Income | Executive |
| House | Living in own house. |
John Stumpf is one of the richest Executive from United States. According to our analysis, Wikipedia, Forbes & Business Insider, John Stumpf 's net worth $5 Million. (Last Update: December 11, 2023)
John Gerard Stumpf (born September 15, 1953) is an American business executive and retail banker. He is the former 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 left the positions of chairman and CEO of Wells Fargo on October 12, 2016, following a scandal involving customer accounts and subsequent pressure from the public and lawmakers. He was succeeded by Timothy J. Sloan.
Height, Weight & Body Measurements
John Stumpf height Not available right now. Jordan weight Not Known & body measurements will update soon.
Who is John Stumpf Dating?
According to our records, John Stumpf married to Ruth Spanier. As of December 1, 2023, John Stumpf’s is not dating anyone.
Relationships Record : We have no records of past relationships for John Stumpf. You may help us to build the dating records for John Stumpf!
Facts & Trivia
Jordan Ranked on the list of most popular Executive. Also ranked in the elit list of famous people born in United States. John Stumpf celebrates birthday on September 15 of every year.
What happened to John Stumpf?
John Stumpf, former chairman and chief executive officer of Wells Fargo, is banned for life from the banking industry over the bank’s 2016 fake accounts scandal.
How much money did John Stumpf make at Wells Fargo?
He collected more than $60 million of salary and bonuses during his years at the San Francisco-based firm.
What did John Stumpf do?
Ex-Wells Fargo CEO John Stumpf and his former deputy Carrie Tolstedt were charged by the Securities and Exchange Commission with misleading investors about the bank’s success in selling multiple products to customers.
How old is John Stumpf?
68 years (September 15, 1953)
Did anyone go to jail for the Wells Fargo scandal?
Yet there were no prosecutions resulting from the mortgage-backed securities debacle that arose in 2007. Some banks did agree to multibillion-dollar settlements, but no one was jailed. Now, after Well Fargo workers fraudulently created 2 million customer accounts, the top executives seem unaffected.