Wells Fargo & Co. said Wednesday its chief financial officer, Ross Kari, is stepping down, removing another holdover from the management team in charge of the California bank before a 1998 takeover.
Kari, 42, had been Wells' CFO leading up to the bank's November 1998 sale to Minneapolis-based Norwest Corp., which moved its headquarters to San Francisco and adopted Wells' identity.
After the takeover, Kari relinquished the CFO title to Rod Jacobs
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Keep the discussion civilized. Absolutely NO personal attacks or insults directed toward writers, nor others who make comments.
Keep it clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
Don't threaten. Threats of harming another person will not be tolerated.
Be truthful. Don't knowingly lie about anyone or anything.
Be proactive. Use the 'Report' link on each comment to let us know of abusive posts.
PLEASE TURN OFF YOUR CAPS LOCK.
Anyone violating these rules will be issued a warning. After the warning, comment privileges can be revoked.