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PUBLIC MARKS from bacon with tags wells & Stumpf

04 November 2008

John Stumpf requested Richard M. Kovacevich to continue as chairman

Wells Fargo & Company’s (NYSE:WFC) Board of Directors, with the recommendation of CEO John Stumpf, requested that Chairman Dick Kovacevich, who turned 65 last week, continue as chairman for an interim period and Kovacevich agreed. To make this po...

16 October 2008

Wells Fargo CEO John Stumpf will not fire Wachovia staff

Wells Fargo & Company reported diluted earnings per common share of $0.49 in third quarter 2008 compared with $0.53 in second quarter 2008 and $0.64 in third quarter 2007. Net income was $1.64 billion compared with $1.75 billion in second quarter ...

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