Charlie Scharf Appointed As Chairman Of Wells Fargo

Wells Fargo’s Board has appointed Chief Executive Charlie Scharf as Chairman, effective Jul 31, 2025. The Board also plans to name a lead Independent Director.

Scharf was previously serving as the Managing Director and Partner at One Equity Partners LLC and served as Head of Retail Financial Services at JPMorgan Chase & Co. During his tenure at JPMorgan, he also served as CEO of its Retail Financial Services unit and Head of Retail Bank. Scharf was the Regional Director for Visa’s USA Region. In addition to his corporate roles, he serves on the Board of Trustees for Johns Hopkins University. He holds a Master of Business Administration (MBA) from New York University and a Bachelor of Arts from Johns Hopkins University.

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