C. Allen Parker, general counsel, and acting CEO, of Wells Fargo & Co.
General counsel Allen Parker was named acting CEO of the San Francisco-based company in March while the bank’s board of directors continued its search for a new chief executive. A Wells Fargo spokesperson said Tuesday there is no update on naming a permanent CEO.
August 06, 2019 at 04:33 PM
1 minute read
The original version of this story was published on Corporate Counsel
While an increasing number of companies are promoting their general counsel into higher C-suite roles, troubled Wells Fargo & Co. remains stuck with its top lawyer starting his sixth month as acting CEO.
General counsel C. Allen Parker was named acting CEO in March while the bank’s board of directors continued its search for a new chief executive. Arati Randolph, Wells Fargo’s senior vice president for communications, said Tuesday there is no update on naming a permanent CEO.
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