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Wells Fargo, Business Leaders Timeline Tuesday, May 1 Bookmark and Share     Author
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CEO bullish about business
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Business Leader Compensation (2) Business Resignation (2) Kovacevich (7)
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San Francisco Business Leader Compensation   Kovacevich (7)   CEO (301)   Wachovia (11)   San Francisco Business Resignation
Chairman Kovacevich to step down
Top 4 execs to get stock grants


year 2010 Top ^

Jan.1
  Wells Fargo would award its chief executive and three other company leaders performance-based stock grants together worth about $25 million


year 2009 Top ^

Sep.22
  Dick Kovacevich will step down as chairman at the end of 2009, after staying in the post an extra year to help navigate the financial crisis
 CEO John Stumpf, who is 56, takes the additional role of chairman Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2009/09/22/financial/f115800D34.DTL#ixzz0RtAaYxVc

Feb.20
  John Stumpf delivered a surprisingly upbeat assessment of business prospects in public remarks arguing the economy will improve


year 2008 Top ^

Nov.14 Wells cleans out Wachovia's top execs
  Only one of Wachovia high-level executives will remain among the top brass after the bank is acquired by Wells Fargo
Oct.4 WF chairman to oversee Wachovia deal
  Wells Fargo Chairman Dick Kovacevich will help manage the bank's proposed $15.1 billion takeover. - assuming he has his wife's permission

year 2007 Top ^

Jun.27 Longtime CEO Kovacevich Steps Down
  Chairman Richard Kovacevich has turned over the reins to his top lieutenant, John Stumpf
Mar.16 CEO's 2006 Compensation Nears $89M
  Heading toward retirement Richard Kovacevich reaped a $62 million gain from stock options exercised last year

year 2001 Top ^

Jan.23 WF board's chairman resigns
  Hazen has resigned as chairman of Wells Fargo board. CEO Kovacevich will take over as chairman

year 2000 Top ^

Dec.1 Wells Fargo operations chief quits
  T. Dial, 51,was involved in the success of bank's small business. Now she'd like to head her own business




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