Charles Scharf

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Charles Scharf
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Occupation CEO and President
Employer Wells Fargo
Location New York, NY

Charlie Scharf was named CEO and president of Wells Fargo in September 2019, and will start the post on October 21, 2019.

Prior to joining Wells Fargo, he served as CEO of BNY Mellon from 2017 to 2019.

Background

Before joining Wells Fargo and BNY Mellon, he served as chief executive officer of Visa Inc. starting on Nov. 1, 2012, succeeding Joseph W. Saunders. Scharf held the job for four years. Scharf was previously the head of retail banking at JPMorgan Chase.[1] [2]

Scharf served on Visa's board from 2007 to January 2011.[3] He was a longstanding associate of JPMorgan’s chief executive Jamie Dimon, having followed Dimon from Citigroup to Bank One, until Bank One's merger with JPMorgan Chase in 2004.[4]

After 13 years at Citi and its affiliated companies - Travelers Group, Salomon Smith Barney and Primerica - Scharf was appointed chief financial officer of Bank One in 2000.

Education

Scharf holds a Bachelor of Arts degree from Johns Hopkins University and an MBA degree from New York University. He is currently on the Board of Trustees for Johns Hopkins University.

References

  1. JPMorgan’s Scharf  to head Visa. FT.com.
  2. Visa Taps JPMorgan Executive Charles Scharf As New CEO. Forbes.
  3. Visa hires JPMorgan's Charles Scharf as CEO. Reuters/Chicago Tribune.
  4. Investment Professionals. One Equity Partners.