Wells Fargo CEO Search Drags On as Two Top Candidates Take a Pass
Wall Street Journal, June 11, 2019–Rachel Louise Ensign, David Benoit (subscription)
The bank’s board has approached a small group of top candidates, including JPMorgan Chase & Co. consumer banking chief Gordon Smith, PNC Financial Services Group Inc. CEO William Demchak and former U.S. Bancorp chief Richard Davis. Demchak and Davis took a pass on potentially replacing Timothy Sloan, who resigned in late March.
