Wells Fargo & Co. general counsel Allen Parker, who served as interim CEO and lost his bid to make it permanent, is leaving the company March 31 “to pursue other business opportunities,” the company said Thursday.

Parker, who could not be reached for comment, said in a statement, “I want to offer my sincere thanks to all my colleagues, especially our 261,000 team members, for their support and encouragement during my time at Wells Fargo. I have had a wonderful experience at this remarkable company, first as general counsel and then as interim CEO, and I will work diligently in the months ahead to assist in an effective transition to a new general counsel.”

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